News Releases

Jan 25
2011

North Texas Oilman Sentenced to 20 Years in Prison for Stealing Investors' Money

Wayne Anthony Rand of Rockwall was sentenced to 20 years in state prison on Monday after pleading guilty to an extensive oil-and-gas exploration scam in which he used millions of dollars of investors' money for personal expenses, including the purchase of a house, luxury speedboats, guns, and...
Jan 11
2011

Executives in 'Death-Benefits' Company Indicted for Securities Fraud

Howard Glenn Judah Jr. and Gregory F. Jablonski, executives for a Houston-based company that was shut down in 2009 based upon an investigation by the Texas State Securities Board, have been indicted by a Harris County grand jury. Judah , the CEO of National Life Settlements LLC of Houston, and...
Jan 7
2011

Judge Authorizes Seizure of Assets, Closure of Austin Firm Offering Investors a Guaranteed 8% Return on their Money

Travis County state District Judge Stephen Yelenosky today approved a Temporary Restraining Order against an Austin-based firm that allegedly continued to sell illegal, high-yielding investments in violation of a Cease and Desist Order issued by the State Securities Board. The Court also granted the...