2021
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 misrepresenting the success of the trading program and using falsified account statements and tax documents that reflected phony earnings and interest income.
The case was investigated by the Texas State Securities Board and is being prosecuted by the Lee County District Attorney’s Office. TSSB enforcement attorneys Greta Cantwell, Tina Lawrence and Jeramy Heintz have been appointed as special assistant district attorneys and are assisting in the prosecution of the case.
Contact – Joe Rotunda at 512-305-8392 or jrotunda@ssb.texas.gov