Mar 25
2004

On March 25, 2004, Richard Manuel Martinez and Oliver Meza, both of San Antonio, were indicted by the Bexar County Grand Jury, 144th District Court. Martinez and Meza were each charged with securities fraud, theft over the amount of $200,000, misapplication of fiduciary property and 22 counts of offering and selling unregistered securities while not registered as a dealer or salesman. These charges resulted from their sale of memberships in an investment club known as X-Treme Trading Club L.L.P. and X-Treme Trading Club, Inc.