The Texas State Securities Board (“TSSB”) and the Alabama Securities Commission (“ASC”) recently issued cease and desist orders against First Class Wealth Management (“First Class”), ordering it to…
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Wayde McKelvy, 59, of Aurora, Colo., was recently sentenced to 18 years in prison for operating a $54 million Ponzi scheme described as one of the largest green…
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Richard J. Randolph, III of Atlanta, Georgia, was recently sentenced to six years and six months in prison relating to securities fraud charges. Randolph was also ordered to…
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George S. Blankenbaker Jr., 56, of Westfield, Indiana, was recently sentenced to 5 years in prison for wire fraud and money laundering. According to a news release from…
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The Securities and Exchange Commission (“SEC”) has charged Charlie Abujudeh relating to allegations he manipulated penny stock prices and targeted retail investors in his $9 million fraudulent scheme.…
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Bryan Scott Hurt, 52, of Glasgow, Ky., recently pleaded guilty to one count of securities fraud. Hurt has agreed to pay $25,000 in restitution to his victim, according…
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