Enforcement Actions Criminal Civil

On January 28, 2004, Danny Ray Digman, Sr. aka Dan Digman and Lori Lea Burrow were indicted by the Travis County Grand Jury, 331st Judicial District Court, for selling unregistered securities, selling securities without being registered as a securities dealer or agent and fraud in connection with...

On January 15, 2004, Christina Gonzalez , of Corpus Christi, Texas, was indicted by a Nueces County Grand Jury for Theft and Securing Execution of Documents by Deception, both second degree felonies.

On January 7, 2004, Larry Don Johnson was indicted by the Travis County Grand Jury, 331st Judicial District Court, for selling unregistered securities, selling securities without being registered as a securities dealer or agent and fraud in connection with the sale of securities. The indictment was...

On December 17, 2003, Stuart R. Cole of Dallas, Texas, was indicted by a U.S. District Court Grand Jury for the Northern District of Texas, Dallas Division, for four counts of securities fraud, three counts of mail fraud, one count of wire fraud, sixteen counts of interstate transportation of money...

On December 17, 2003, Harold Wayne Griffin of Clifton, Texas, was indicted by a U.S. District Court Grand Jury for the Northern District of Texas, Dallas Division, for one count of securities fraud, seven counts of mail fraud, and one count of wire fraud. Mr. Griffin is charged with unlawfully...

On November 18, 2003, Gregory Earl Setser, Cynthia Faye Setser, Deborah J. Setser, Charnelle Laura Setser & Torsten Thomas Henschke, doing business through IPIC International, Inc. and affiliated companies, were charged in the U.S. District Court, Northern District of Texas, Dallas Division, Cause...

On October 22, 2003, a federal grand jury in Corpus Christi, Texas, returned a 33 count indictment against Rufino Serna Muñoz and Carlos Mitre, of Corpus Christi, Texas, and Jose Luis Balderas, of Crystal City, Texas, in connection with an allegedly fraudulent international bank debenture and...

On September 29, 2003, a Harris County, Texas, jury convicted Robert G. Caron, 44, of Securities Fraud. He was sentenced by the Honorable Carol Davies to five years in prison and a $10,000.00 fine (Cause Number 0959702). Mr. Caron, the president of Starcom Telecom, Inc., had been indicted for...

On May 23, 2003, in the 290th District Court, Bexar County, Texas, Westar Management Group, Inc. entered a nolo contendre plea to selling unregistered securities, a felony violation of the Texas Securities Act. Pursuant to the plea, Westar Management Group, Inc. was ordered to pay restitution to...

On April 30, 2003, Mauricio A. Gutierrez, of Irving, Texas, was sentenced to 88 months imprisonment and ordered to pay more than $52,000,000 in restitution to victims in connection with his convictions for Investment Advisor Fraud and Wire Fraud. Gutierrez was the President and Managing Director of...