A Texas grand jury has indicted Larry Steve Bassett for first degree securities fraud, theft and money laundering.
According to a news release from the Texas State Securities Board:
The charges against Larry Steve Bassett “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.”
Fishman Haygood’s Investment Fraud Division has experience bringing claims on behalf of investors who were the victims of fraudulent investment schemes. Please contact us to discuss your possible claim.