Sep 13
2021

Recidivist Brad Haycraft Indicted in Helium Well Investment Scheme

Bradley Sherman Haycraft, 48, was indicted by a grand jury in Collin County. He was charged with illegally selling investments in the Petrified Forest Prospect, a helium well project in the Petrified Forest National Park in Arizona. He was recently arrested on the charges. The Securities...
Sep 13
2021

Recidivist Brad Haycraft Indicted in Helium Well Investment Scheme

Bradley Sherman Haycraft, 48, was indicted by a grand jury in Collin County. He was charged with illegally selling investments in the Petrified Forest Prospect, a helium well project in the Petrified Forest National Park in Arizona. He was recently arrested on the charges. The Securities...
Aug 11
2021

Anyone Can Be Anyone on The Internet Texas State Securities Board Warns About Uptick in Impersonation Schemes

The Texas State Securities Board is warning investors about a growing number of online investment schemes in which bad actors impersonate registered, licensed firms. These impersonation schemes are growing more and more sophisticated as scammers more efficiently leverage technology to defraud the...
Aug 11
2021

ENF-21-CDO-1846

In the Matter of Prestige Assets MGNT, LLC and Oscar Hill: Emergency Cease and Desist Order

Aug 6
2021

Alabama Securities Commission and Texas State Securities Board File Orders Fraudulent Metals Investment Scheme Managed by Defendant on Felony Probation Shuttered

The Alabama Securities Commission (ASC) and Texas State Securities Board (TSSB) issued cease and desist orders against FIRST CLASS WEALTH PRESERVATION, directing it to shut down illegal operations in Alabama and Texas. The ASC order and TSSB order accuse First Class Wealth Preservation of illegally...
Aug 6
2021

ENF-21-CDO-1845

In the Matter of First Class Wealth Preservation LLC aka First Class Metals, Mitchel Kane Malizio aka Mitch Kane and Jason Shaw: Emergency Cease and Desist Order

Jul 30
2021

Legacy Wealth Advisors

Legacy Wealth Advisors, Inc., a Texas registered investment adviser located in Waxahachie, Texas, consented to the entry of a Disciplinary Order that will require Legacy Wealth Advisors to pay an administrative fine of $15,000. The Disciplinary Order was entered today by the Securities Commissioner...
Jul 30
2021

IC21-CAF-03

In the Matter of Investment Adviser Registration of Legacy Wealth Advisors, inc.: Reprimanded; Fined; and Undertaking

Jul 29
2021

Time Out for Joseph Seth Foster – Oil and Gas Investment Scheme Halted

Joseph Seth Foster, a former licensed agent from Lubbock, was convicted for operating a fraudulent oil and gas scheme. On July 29th, he was sentenced to serve two 11-year prison terms in state prison for each charge of securities fraud and theft. The sentences will run concurrently. The evidence...
Texas Investor Guide Cover

Texas Investor Guide

Strategies for Investing Wisely and Avoiding Financial Fraud

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