Enforcement Actions Criminal Civil

Frank Boyd Harrison , of Selma, Texas, was indicted on October 12, 2006, in the 290th District Court in Bexar County, Texas, Cause No. 2006-CR-8714, for the sale of unregistered securities, the sale of securities by an unregistered dealer/agent, and for securities fraud. Harrison allegedly made...

Jeffrey Eugene Brown of Mesquite, Texas, was indicted on September 26, 2006, in the 173rd Judicial Court, Henderson County, Texas, Cause Nos. B-15,039 and B-15,040, charged with acting as an unregistered sales agent in the sale of unregistered securities issued by Mobile Billboards of America, Inc...

William June Fletcher, Jr. of Plano, Texas, pled guilty on August 22, 2006, in the 210th Judicial District Court in Collin County, Texas, Cause No. 219-81812-06, to charges of securities fraud. Fletcher received a 10 year suspended sentence, and agreed to pay restitution in the amount of $241,161...

On July 26, 2006, an Information and Waiver of Indictment were entered against Charles Dwain Davis of Dallas, Texas, in the US District Court, Northern District, Dallas, Texas Division, Cause No. 03-06:CR-240-D. The Information charged Davis with one count of securities fraud. Davis pled guilty to...

Frederick Otto Delin of Denison, Texas, and Bruce Strahan, Jr. of Colleyville, Texas, were indicted on July 12, 2006 in the 336th Judicial District Court in Grayson County, Texas, Cause No.'s 54697-15, and 54741-59, respectively, for selling unregistered securities and for selling securities without...

James Eugene Graves of Claude, Texas, pled guilty on July 10, 2006 in the 287th Judicial District Court in Bailey County, Texas, Cause No. 2398, to one count of securing execution of a document by deception in connection with the sale of an investment in a timeshare sale/leaseback arrangement...

On June 12, 2006, following a parole hearing, Gerald Leo Rogers , previously of Seattle, Washington, was ordered to serve 120 months in federal prison. At the hearing, evidence was presented establishing Rogers' involvement in the sale of $12 million in Premium Income Corp. investments to vulnerable...

Steven Michael Herrera of Plano, Texas, was indicted on May 9, 2006 in Dallas County, Texas, Criminal District Court No. 5, Cause No.'s F06-00562-GJR; F06-00563-GJR; F06-00564-GJR; and F06-00565-GJR, for money laundering and theft. Herrera allegedly falsely held himself out as an authorized...

James L. Slayton of Port Lavaca, Texas, as President, Director, and Owner of Mariah Resources, Inc., was indicted on April 20, 2006 in the United States District Court, Southern District of Texas, Victoria Division, Cause No. V-06-38, for mail fraud. Slayton marketed and sold interests in the...

Larry Joseph Bolden of Austin, Texas, was indicted on April 17, 2006 in the 331st Judicial District Court in Travis County, Texas, Cause No. D1DC06900244 for forgery and aggregated theft of over $100,000. Bolden allegedly forged wire transfer authorizations and checks to transfer money from...