Jun 14

On June 14, 2004 Raymond Rodney Asebedo, aka Randy Asebedo, of Lubbock, Texas pleaded guilty to the charge of Securities Fraud, a 2nd degree felony, in the 137th District Court of Lubbock County, Texas. He was sentenced to 10 years confinement, suspended, and placed on Community Supervision for a period of 10 years. He was also ordered to pay $41,000 in restitution to eight victims.