Apr 12
2004

Randal J. Floyd, of Dallas, Texas, acting as Trinity Financial Group and Texas Belle Communications, LLC, was indicted on April 12, 2004 in the 363rd Judicial District Court of Dallas County, Texas for Securities Fraud and Misapplication of Fiduciary Property. The indictment alleges that Floyd knowingly misrepresented that investor funds received from the sale of a membership unit in Texas Belle Communications, LLC would be used to finance the anticipated costs to launch fully bundled voice, data and video telecommunications services to the general public and that he failed to invest the funds as directed by the investor.