Investment fraud can take many shapes and forms, but one of the cornerstones can include a broker who is not registered with the Securities and Exchange Commission. Recently, the SEC filed an action against John Abio, also known as Tre Brandenburg, and Abio Financial Group. The complaint accuses Abio and his firm of acting as…
Two Houston-area men are headed to prison after creating a commercial loan scheme involving several banks in Houston. Andre Chenier was described as the mastermind. The 44-year old obtained millions in commercial loans between 2004 and 2012. He lived off the loans that were made to fake companies, and eventually defaulted. Gregory Roberson of Missouri…
By now, you’re probably aware that Cambridge Analytica, a private political consultancy, gained improper access to 71 million Facebook user accounts in the United States. Because of this latest episode, Facebook CEO Mark Zuckerberg faced two days of questioning by Congress. Zuckerberg answered numerous questions about Facebook’s privacy policies and what’s in place to protect…
Carlton Chadbourne Sayers, also known as Chad Sayers, will spend 132 months in federal prison after his sentencing for wire fraud and bank fraud in late February by U.S. District Judge Amos Mazzant. According to court records, beginning in 2009, the 52-year old Sayers duped investors with a real estate scheme that promised to purchase…