Florida Office of Financial Regulation

OFR Donates Food & Supplies to Hurricane Micheal Relief Efforts

Posted on November 15, 2018

The Florida Office of Financial Regulation today announced the donation of more than 385 lbs., of non-perishable food and other items to support ongoing Hurricane Michael relief efforts. [Read more…] about OFR Donates Food & Supplies to Hurricane Micheal Relief Efforts

Consumer Alert: Promissory Notes

Posted on November 15, 2018

In recognition of International Fraud Awareness Week, the Florida Office of Financial Regulation is raising investor awareness of the risks associated with investments in promissory notes. [Read more…] about Consumer Alert: Promissory Notes

Bay Area Man Arrested for Alleged Investment Fraud Scheme

Posted on October 1, 2018

The Florida Office of Financial Regulation today announced the arrest of James Harold Hosner, of Safety Harbor, for his alleged role in an investment scam. He is charged with the sale of an unregistered security, sale of a security by an unregistered dealer, securities fraud, and grand theft. [Read more…] about Bay Area Man Arrested for Alleged Investment Fraud Scheme

Consumer Alert: Military Fee Waiver Program

Posted on September 27, 2018

Active military members, veterans, and their spouses can now apply for reimbursement
of mortgage loan originator and securities associated person license fees

The Florida Office of Financial Regulation today announced that rulemaking to implement Florida House Bill 29, the Don Hahnfeldt Veteran and Military Family Opportunity Act, is complete. Active military members, veterans, and their spouses can now apply for reimbursement of fees associated with licensure of mortgage loan originators and securities associated persons. [Read more…] about Consumer Alert: Military Fee Waiver Program

Hillsborough County Man Arrested for Alleged $800,000 Investment Scam

Posted on September 10, 2018

The Florida Office of Financial Regulation today announced the surrender of Robert Lee Humphrey, Jr., for his alleged role in a crab fishery investment scam. He is charged with organized fraud, securities fraud, grand theft, sale of a security by an unregistered dealer and sale of an unregistered security. [Read more…] about Hillsborough County Man Arrested for Alleged $800,000 Investment Scam

Consumer Alert: Self-Directed IRAs

Posted on August 30, 2018

Individual retirement accounts (IRAs) are an important piece of your retirement planning. Self-directed IRAs have become a popular choice for those looking to supplement their nest egg. While most IRAs invest your money in stocks, bonds, mutual funds, etc., which are registered with regulatory organizations, a self-directed IRA allows the owner more control over where the money is invested, including unregistered investments. [Read more…] about Consumer Alert: Self-Directed IRAs

Five Sentenced for Roles in $6 Million Investment Fraud

Posted on August 23, 2018

The Florida Office of Financial Regulation today announced the sentencing of Angela Monaco (more than six years), Pasquale Rubbo (more than eight years) and Steven Dykes (nine years) to prison after pleading guilty to charges of conspiracy to defraud and money laundering. [Read more…] about Five Sentenced for Roles in $6 Million Investment Fraud

Consumer Alert: Motor Vehicle Financing

Posted on August 15, 2018

Buying a new or used vehicle is exciting, and it can be easy to get swept up by a persuasive salesperson. The Florida Office of Financial Regulation (OFR) oversees motor vehicle retail installment sellers. The license authorizes its holder to offer installment payments to its customers, for the sale of motor vehicles to retail buyers. [Read more…] about Consumer Alert: Motor Vehicle Financing