News Releases

AUSTIN — The Texas State Securities Board has appointed Jeramy E. Heintz as Securities Commissioner, effective June 18, 2026. Heintz, a 12-year veteran of the agency, served as Director of Enforcement. Since joining the State Securities Board in 2013, he has advanced through a series of leadership...

AUSTIN, Texas – The Texas State Securities Board (TSSB) joins organizations across the nation in recognizing World Elder Abuse Awareness Day (WEAAD), an annual observance dedicated to raising awareness of the abuse, neglect, and financial exploitation of older adults. Financial exploitation...

AUSTIN, TEXAS — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against Lasater Capital, LLC, its principals Shiloh Boone Lasater and Tie Glenn Lasater, to stop the alleged offer and sale of securities through materially misleading statements and omissions...

AUSTIN, TEXAS — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against BG Wealth Sharing LTD and its affiliated cryptocurrency trading platform, DSJ Exchange, to stop an alleged cryptocurrency investment and multi-level marketing scheme that targeted Texas...

AUSTIN, Texas — June 1, 2026 — The Texas State Securities Board ("TSSB") has entered Emergency Cease and Desist Order No. ENF-26-CDO-1896 against E-Estate Group Inc., its principals Brandon Stephenson, Mike Hamilton, and Karoll Peterson, and Texas resident Darrell Porter for allegedly offering and...

AUSTIN, Texas — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against JoAriam, LLC and its founder and managing member, KaRhonda Jewell Bray, for allegedly offering unregistered securities tied to purported foreign exchange trading and leveraged banking...

AUSTIN, Texas — The Texas State Securities Board (TSSB) announced today its assistance to federal law enforcement authorities in an investment fraud case involving a former San Antonio-based financial adviser who has pleaded guilty to multiple felony counts. The case was investigated by the TSSB...

AUSTIN, Texas — Earlier today, Deputy Securities Commissioner for the state of Texas, Cristi R. Ochoa, issued three orders against Landolt Securities, Inc., Ting Chen, and Wang Chang Tsai (“Respondents”) for failures in supervising the sale of GWG Holdings Inc. (“GWG”) L Bonds to Texas investors...

Austin, Texas — Christian Kranenberg and Sebastian Silea were indicted by a McLennan County Grand Jury on March 19, 2026, on charges of misapplication of fiduciary property and money laundering in connection with an alleged Ponzi scheme operated through their company, KS Cartel, LLC. The...

AUSTIN, Texas — March 23, 2026 — The Texas State Securities Board announced today the entry of a Consent Order dated March 20, 2026, resolving allegations against Voyager Digital Ltd., Voyager Digital Holdings, Inc., and Voyager Digital, LLC (collectively, Voyager). The Consent Order follows an...