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Florida Office of Financial Regulation

OFR Issues Second Administrative Complaint in Woodbridge Case

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Ongoing OFR investigation shows victims scammed for nearly $7 million

The Florida Office of Financial Regulation today announced that an administrative complaint has been filed against seven firms and individuals, who offered and sold unregistered securities of Woodbridge Capital Investments, Inc., and other associated companies, to approximately 57 victims while not being registered as required by Chapter 517, Florida Statutes. [Read more…] about OFR Issues Second Administrative Complaint in Woodbridge Case

Industry Alert: Securities Businesses Registration Renewal

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The Florida Office of Financial Regulation reminds securities businesses registered under Chapter 517, Florida Statutes, that the deadline to timely renew has passed. However, the option is still available for securities dealers and investment adviser firms to renew their registration with a reinstatement fee through January 31, 2019. [Read more…] about Industry Alert: Securities Businesses Registration Renewal

Consumer Alert: Military Fee Reimbursement Program

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Florida is the most military friendly state in the nation, with more than 1.5 million military veterans living in the Sunshine State. Last year, the Florida Legislature passed House Bill 29 to help military members in Florida by allowing for certain financial services business licensure fees to be reimbursed.  [Read more…] about Consumer Alert: Military Fee Reimbursement Program

Key West Trio Arrested for $7 Million Investment Fraud Scheme

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The Florida Office of Financial Regulation today announced that Jose Luis Leon, Richard A. Renner, and Natalie M. Rogers were arrested on charges of racketeering, conspiracy to commit racketeering, securities fraud, organized fraud and grand theft in the first degree for their alleged role in an investment fraud scheme.

[Read more…] about Key West Trio Arrested for $7 Million Investment Fraud Scheme

Orlando Man Sentenced to Prison in $3.6 Million Investment Fraud Scheme

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The Florida Office of Financial Regulation today announced the sentencing of Justin Troy Spearman to more than four years in prison and eight years of probation after pleading no contest to charges of grand theft, securities fraud, selling unregistered securities and selling securities as unregistered agent. [Read more…] about Orlando Man Sentenced to Prison in $3.6 Million Investment Fraud Scheme