News & Publications

News Releases

May 13
2024

Cristi Ramón Ochoa Named Deputy Securities Commissioner

The Texas State Securities Board on May 9 approved the appointment of Cristi Ramón Ochoa as Deputy Securities Commissioner. Ramón Ochoa joined the State Securities Board in 2016 where she served as a staff attorney in the Inspections and Compliance Division. “Cristi has a wealth of experience that...
Apr 22
2024

Commissioner Stops Digital Gold Vault Scheme Allegedly Promoted by Billionico Academy

THE ORDER ACCUSES BILLIONICO CEO FRANK DEYLE OF BEING A MEMBER OF THE ADVISORY BOARD OF SWISS VALOREM BANK, AN ORGANIZATION RECENTLY NAMED IN A FINAL ENFORCEMENT ACTION Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop an international multilevel marketing...
Feb 29
2024

Securities Commissioner Warns Retail Investors About Spoofing Investment Schemes

Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop a fraudulent securities scheme that allegedly spoofs an unrelated third party.

Enforcement Actions: Administrative

Apr 30
2024

Order No. REG-24-CAF-03

In the Matter of the Dealer Registration of Roots Real Estate Investment Community I, LLC: Reprimanded and Fined

Apr 22
2024

Order No. ENF-24-CDO-1882

In the Matter of Billionico Academy aka Billionico, Primus Liquidity Holding Ltd, Elite Club World, Daniel von Lison aka Daniel Baron von Lison aka Baron Daniel von Lison aka Daniel Markus Lison aka Daniel Markus von Lison aka Daniel Freiherr V. Lison aka Daniel Freiherr von Lison, Marina Karp aka Marina Baroness von Lison aka Baroness Marina V. Lison aka Marina aka Baroness Marina von Lison, Frank Deyle, Christian Cruz Riander, Scott Ifionayi, Christopher Peacock, Auratus, and Terry Lee: Emergency Cease and Desist Order

Apr 18
2024

Order No. REG-24-DEN-02

In the Matter of the Agent and Investment Adviser Representative Registration of George Cairnes: Registration Denied and Undertaking

Enforcement Actions: Criminal & Civil

Oct 29
2021

Former Registered Securities Professional Entered a Plea to Securities Fraud and other Crimes

On October 29, 2021, Derrick R. Trussell (CRD No. 5197550) entered a plea of no contest to securities fraud, securing execution of a document by deception and misapplication of fiduciary property in Cause No. 2019-CR-5767B, in the 175th Judicial District Court of Bexar County, Texas. Trussell was...
Oct 28
2021

Warning to Victims of Rare Earth Exploration LLC, Bradley Sherman Haycraft and Timothy Taylor

The Texas State Securities Board is warning investors in Rare Earth Exploration LLC about a fake financial settlement scam involving the Gordon Black & Associates Law Firm and International Corporate Entity Inc. Scammers claiming to be employees of Gordon Black & Associates are contacting investors...
Oct 15
2021

Larry Steve Bassett - Indicted

On October 15, 2021, a grand jury sitting in Lee County, Texas, indicted Larry Steve Bassett for first-degree securities fraud, theft and money laundering. The charges relate to his alleged unlawful sale of investments in a trading program to 15 victims for approximately $1.5M. Bassett is accused of...

Publications

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Texas Investor Guide Cover

Texas Investor Guide

Strategies for Investing Wisely and Avoiding Financial Fraud

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Nest Egg, IRA, 401k, Money

Everyone's Investment Guide

A six-part online presentation covering Making Investments, the Principles of Investing, Investing for a Secure Retirement, Planning Withdrawals, and Avoiding Scams.

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Cover

Financial Field Manual

A Personal Finance Guide for Military Families