SEC Says 3 DFW Residents Ran $91M Ponzi Scheme
Kenneth W. Alexander II, Robert D. Welsh and Caedrynn E. Conner are accused of defrauding more than 200 investors out of millions via a trust Alexander controlled called Vanguard Holdings Group Irrevocable Trust. The SEC filed the 37-page lawsuit against the trio in the Eastern District of Texas, Sherman Division, on Tuesday.