Texas attorney gets 20 years for fraudulent oil and gas schemes

The Texas State Securities Board just announced that a long prison sentence was handed down to Frisco, Texas attorney Kelly Gordon Rogers for first degree felony theft. Rogers was found guilty of stealing $1.3 million from investors in fraudulent oil and gas schemes. On May 28, Rogers was sentenced to 20 years in state prison and ordered to…

Three Texas men convicted of investment fraud

The economy may be in recovery, but there are still plenty of people struggling to get ahead, trying to make up for past losses and save up a nest egg for the future by investing money. Unfortunately, there are some unscrupulous folks out there offering investors a payoff they never intend to deliver. The Texas State…

Laredo man sentenced for ripping off retired chaplain

Tonie P of Laredo (“P” is his actual last name–he had it legally changed from Perez) received a 10-year prison sentence last month for fraud against a retired U.S. Army chaplain and priest. P, a former hairdresser, convinced the former chaplain that he had a multi-million dollar inheritance on the way and needed $100,000 to…

Man gets 40-year sentence for defrauding elderly women

The Texas State Securities Board just announced a 40-year prison sentence for a man who cheated over a half million dollars from elderly women. Robert Joseph Mangiafico Jr. convinced the women to buy non-existent annuities. On Sept. 18 he was sentenced to 40 years in state prison after pleading guilty to theft and money laundering. Mangiafico…

Job hunters: Don’t become an unwitting partner in crime

BBB recently got a report of a work-at-home scam that impersonated an accredited business in the Austin area. The business got constant phone calls from people asking, “Am I working for you?” They weren’t. Luckily for the business, the scammers seem to have moved on. The phone calls quit coming. A bunch of people who…

Temple area man arrested for construction fraud

An advance-payment construction scammer has been arrested in the Temple area. Temple police arrested Todd Toms, 26, of Academy on theft charges.  Toms allegedly claimed to be employed by Destiny Custom Homes and agreed to build a privacy fence and took $1,700 in advance to pay for materials, but never purchased materials or returned to…

Judge orders New Braunfels company to pay $3.9M restitution in securities fraud case

New Braunfels-based limited liability corporation Hill County Funding (HCF) has been ordered to pay $3.9 million in restitution to investors.  The company sold interests in death benefits from life insurance policies and “engaged in fraud” by selling unregistered securities, according to a June 27 ruling by Travis County District Court Judge Gisela D. Triana. Triana ruled…