Enforcement Actions Criminal Civil

Jeremy McGilvrey of San Antonio was sentenced to 20 years in state prison on two counts of misapplication of property by a fiduciary. McGilvrey, the former CEO of Hill Country Wealth, a money management firm, pleaded guilty to the counts on October 22 and was sentenced Nov. 30 by Bexar County state...

A Harris County Grand Jury on Nov. 30 indicted Robert Chet Noel of Sugar Land on nine counts of securities fraud. Noel, the president of Integrity Petroleum Group, received $154,200 from investors in Harris County for working interests in oil and gas wells. According to the indictment, Noel...

Alfred Renteria of San Antonio was sentenced to 10 years deferred adjudication on November 24, after pleading nolo contendere to charges of misapplication of fiduciary property and securing the execution of a document by deception. Renteria was indicted by a Bexar County Grand Jury on the charges on...

William N. Kirshner , a Corpus Christi financial adviser, pleaded no contest to second-degree felony theft and was sentenced to five years in prison on Nov. 16 for stealing approximately $103,000 from clients who invested in promissory notes issued by his company, W.N. Kirshner & Co. The prison...

A Potter County grand jury on Nov. 10 returned multiple indictments against John F. Langford and Jimmy Don King , principals in an Amarillo insurance agency. Landford and King are charged with the sale of unregistered securities and fraudulent securities. Langford was indicted on 15 counts and King...

Alan Keith Nelsen and Mary Alice Monteza of San Antonio were each indicted on Oct. 14 on four felony counts for allegedly selling fraudulent high-yield investment products. The pair allegedly sold investments through a business called Castro International. The Bexar County grand jury indicted Nelsen...

Stanley James, Jr. , of Richmond pleaded guilty on Oct. 12 to charges of theft, money laundering and misapplication of fiduciary property in connection with a fraudulent investment company that took in more than $385,000 from investors. Fort Bend County state District Judge Clifford Vacek sentenced...

Bruce E. Hammonds of San Antonio was sentenced to 57 months in federal prison on Oct. 2 after his conviction on two counts of securities fraud. Judge Xavier Rodriguez of the U.S. District Court, Western District of Texas, also imposed three years of supervised release and ordered Hammonds to forfeit...

William June Fletcher Jr. of Plano, who pleaded guilty to investment-related fraud charges in 2006, was indicted by a Collin County Grand Jury on Aug. 13 for securities fraud in connection with the sale of investments in oil and gas projects. The indictment alleges that Fletcher failed to tell...

Charles Scott Goist of Plano was sentenced to 46 years in state prison on Aug. 12 after being convicted on charges stemming from his theft of $1.7 million from investors in a fraudulent real estate scheme. A Collin County State District Court sentenced Goist to 46 years on each of four counts: theft...