Mar 26
2008

William L. Fenoglio, of Bowie, Texas, was charged with securities fraud in an aggregate amount exceeding $100,000 in Cause No. CR12968 in an indictment handed down by an Erath County Grand Jury on March 26, 2008. The indictment alleges that Fenoglio offered for sale "Security Agreements" issued by Fenoglio Insurance Agency for the repayment of investment principal and interest and that he intentionally failed to disclose to potential investors that both he and Fenoglio Insurance Agency were in default to one or more previous purchasers of the "Security Agreement."