The order names Sand Vegas Casino Club, Martin Schwarzberger, and Finn Ruben Warnke and accuses them of illegally offering NFTs, or non-fungible tokens, to fund the development of virtual casinos in metaverses.
All tagged Texas State Securities Board
Texas State Securities Board Issues Alert to Investors
The annual survey is designed to identify the most problematic products, practices, or schemes facing investors.
Securities Commissioner Entered Emergency Cease Order
According to the order, Treasure Growth has been soliciting Texans to invest in various cryptocurrency cloud mining programs through public advertisements and online platforms.
Derrick R. Trussell Entered a Plea of No Contest to Securities Fraud
Carter was arrested earlier this year and is being prosecuted for securities fraud, theft, misapplication of fiduciary property and money laundering.
Risky Whiskey - Securities Commissioner Stops International Investment Scheme
According to the order, Whiskey & Wealth Club is advertising the scheme through the internet – using a website, and promoting advertisements.
Abousaoui Sentenced to 25 years in State Prison for Ponzi scheme
This type of scheme is often referred to as a Ponzi scheme, where profits are not generated by underlying business activities and instead fraudulently derived from new investors’ funds.
Texas Securities Commissioner Stops Illegal Bank Leveraged Forex Program
According to the order, after promising to comply with the law, Grant continued to illegally offer the investments in Texas.
Legacy Wealth Advisors, Inc. Disciplinary Order Issued
The Disciplinary Order sanctioned Legacy Wealth Advisors for providing investment advice in Texas while not registered with the Securities Commissioner.
Texas and Alabama Team Up to Stop Fraudulent Investments
The scam involves 450 investors many of whom are senior citizens.
Illegal Forex Trader Operating in Frisco
Despite their claims of success, Grissom and Premier Concepts have not been registered with the Commodity Futures Trading Commission or the National Futures Association.
Fraudulent Offering Tied to Austin Downtown Venue Bull & Bowl
Securities Commissioner entered an Emergency Cease and Desist Order to stop offering tied to Bull & Bowl, a nightclub located in downtown Austin.
Carl William Pollock Indicted for Securities Fraud, Theft and Money Laundering
According to the indictment, Pollock misrepresented the use of principal to at least 20 victims - in part claiming money invested in HRA would be used to pursue financial recoveries.
Cease and Desist Order Against EscoCapital
According to the order, EscoCapital and Anthony Jerome aka Anthony Vitale, a salesperson, are advertising the cryptocurrency investments through an online marketplace and an internet website. Their pitch is strongly tied to the pandemic.
Securities Commissioner Warns Investors About Deceptive Firm Names
They adopt these names to confuse investors – often pretending to be a legitimate business or falsely showing some type of affiliation with a familiar company.
Stopping Fraudulent Cryptocurrency Trading Program
The action names Bitles Limited, Janis Lacis, C3 Data Services and Edward Carter are accused of concealing critical information, such as the identity and qualifications of traders and key personnel, information relating to the Cryp-Spider AI and financial information relating to business operations.
Indictment Handed to Las Quesadillas, a fast food restaurant operating in San Antonio
Accused of touting the security of the opportunity, Kramer and Pastor repeatedly failed to deliver on their contract with investors.
Texas Stops Fraudulent "Amazon Store"
The order accuses Christopher Koozekanani of illegally marketing “secured” partnership interests issued by Prime Liquidators.