A Collin County grand jury has indicted the owners and operators of North Forty Development and Texas Cash Cow Investments for securities fraud and money laundering.
Nealy Cox will serve on the China Initiative with four other U.S. Attorneys from New York, California, Alabama and Massachusetts.
Breitling Energy CEO Christopher Faulkner – the self-proclaimed ‘frack master’ – admitted Tuesday in federal court documents that he spent tens-of-millions of dollars of investor money on booze, strippers and expensive cars. The Texas Lawbook has full details.
The Dallas County schools bribery scandal, which has led to convictions of two high-ranking Dallas city officials, a school superintendent and two businessmen, appears to be winding down. Four-term Dallas City Councilman Larry Duncan pleaded guilty Monday to one count of tax evasion. The Texas Lawbook has the lawyers involved.
Ronald Tenpas is the former Assistant Attorney General for the Environment and Natural Resources Division of the U.S. Department of Justice.
Dr. Wade Neal Barker, a prominent North Texas bariatric surgeon, officially admitted in federal court today that he was part of a $200 million fraud, bribery and kickback scheme at the now-defunct Forest Park Medical Center, which he helped create.
The SEC’s Fort Worth Regional Office officially charged for lawmaker Carlos and businessman Stan Bates with securities fraud in an alleged $11 million oil and gas fracking scheme.
The SEC’s FWRO filed a first-of-its-kind lawsuit Thursday charging a brokerage service with operating an internet-based securities operation that allowed people to anonymously buy and sell securities using cryptocurrency.
Northern District of Texas U.S. Attorney Erin Nealy Cox said Friday that her office is getting more aggressive in identifying, pursuing and prosecuting illegal activity – especially financial fraud – by businesses and corporate leaders.
The world of white-collar criminal prosecutions and federal government enforcement actions is in turmoil or at least evolving significantly. Then, there is the so-called “Trump Effect” on government regulation and prosecution of businesses.