Enforcement Actions Criminal Civil

Feb 9
2018

Louis Joseph Monsour: Deferred Adjudication

Louis Joseph Monsour of San Antonio pleaded no contest to a charge of securities fraud as part of a plea agreement in which he was sentenced to 10 years deferred adjudication and ordered to pay a totasl of $291,237 in restitution to two investors. Monsour was sentenced Feb. 9 in the 176th State...
Jan 18
2018

Robert James Nelson: 10 Years Deferred Adjudication

Robert James Nelson of Prosper pleaded guilty in Collin County State District Court to third-degree felony theft for his role in a fraudulent oil and gas scheme was sentenced to 10 years deferred adjudication and ordered to pay restitution of $306,250. Nelson paid $165,000 in restitution prior to...
Jan 18
2018

Charles McAllister: Indicted

Charles McAllister of Austin was indicted Jan. 18 on wire fraud and related charges for allegedly defrauding investors in Bullion Direct Inc., a precious metals company he founded. The indictment seeks a monetary judgment of $16.1 million against McAllister, the sum of the money he stole from...
Dec 7
2017

Charles Anthony Miller: Indicted

Charles Anthony Miller was indicted Dec. 7 in Collin County on first-degree felony charges of money laundering and theft for allegedly stealing at least $1.7 million from investors in oil-and-gas exploration and lease-acquisition projects. Miller operated a number of Texas companies including...
Dec 1
2017

James Elton Warr: Sentenced, 15 Years

James Elton “Jim” Warr of Austin, who promised guaranteed returns from investing in real estate, was sentenced to 15 years in state prison on Dec. 1 after his conviction in Travis County on four first-degree felony counts. Warr, 69, stole $1.1 million from individuals who bought investment contracts...
Nov 1
2017

Lawrence Allen DeShetler: Sentenced, 5 Years

Lawrence Allen DeShetler, an investment adviser in The Woodlands, was sentenced to five years in federal prison on Nov. 1 after pleading guilty in June to federal mail fraud charges. DeShetler convinced five clients – two of whom were in their 80s – to cash out legitimate investments and transfer...
Oct 2
2017

Robert A. Helms, Janniece S. Kaelin: Sentenced, 78 Months

U.S. District Judge Lee Yeakel on Oct. 2 ordered Austin attorney Robert Allen Helms and his business partner, Janniece S. Kaelin, to pay $29 million in restitution to investors in the pair's oil-and-gas royalties scam. Yeakel previously sentenced Helms and Kaelin to 78 months in federal prison. The...
Sep 6
2017

Nicholas Baratoff Jr.: 5 Years Probation, Restitution

Nicholas Baratoff Jr., a resident of the coastal village of Sea Cliff, N.Y., near New York City, paid $360,000 in restitution on Sept. 6 to an elderly Corpus Christi woman who invested in projects that were supposedly operated by a company with the French name of La Licorne SA. In English, it means...
Jul 6
2017

Jeffrey Ray Filla: 10 Years Probation

Jeffrey Ray Filla of Richmond on July 6 was sentenced to 10 years deferred adjudication and ordered to pay $807,054 in restitution to investors in his commodities trading program. Filla pleaded guilty to misapplication of fiduciary property in Fort Bend County District Court. He was indicted in...