More SBL Commission Issues/ Ryan Pasco / James Delices
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  1. #11
    Quote Originally Posted by Shorebird View Post
    Pursue security fraud charges. Both civil and criminal. The District Attorney would be a good starting place to make a criminal complaint. They would be unable to bankrupt out of civil securities fraud convictions as well.

    Start a fraud action and begin the discovery process and subpoena bank records, emails, etc., and summon the parties for depositions.

    Parallel criminal and civil securities fraud actions are very expensive to defend.
    Without going into a whole lot of detail publicly at this time, I will say we are pursuing multiple avenues currently. I have no idea what government agencies will do about the situation just what we can do about it. But I don't intend to hold anything back based on this entire situation. They shouldn't be in this industry any longer. We were able to find some people that had an intricate understanding of the daily operations at SBL and apparently things have been on a downward slope over there for some time now. And we aren't the first to raise a flag about their business practices.
    Last edited by Adam2326; 01-14-2022 at 09:35 AM.
    Adam Wines
    Holloway Funding Group
    www.gohfg.com
    Processing@gohfg.com

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