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2015 ENFORCEMENT ORDERS


NOTE: All documents are in PDF format.
 
Gant Private Financial Management and Erwin B. Gant, both of Blue Bell, Pa., have entered into a Consent Agreement and Order, will take corrective actions, and pay an assessment for violations of the Pennsylvania Securities Act of 1972.
 
Reading Auto Center, LLC, of Reading, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
MidAmerica Financial Services, Inc., of Joplin, Mo., has entered into a Consent Agreement and Order, will take corrective actions, and pay an assessment for violations of the Pennsylvania Securities Act of 1972.
 
12/16/15
JM Auto Group, Inc. (PDF)
JM Auto Group, Inc., of Easton, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
Citigroup Global Markets, Inc., a wholly owned subsidiary of Citigroup, Inc., has entered into a Consent Agreement and Order, will take corrective actions, and pay an assessment for violations of the Pennsylvania Securities Act of 1972.
 
12/2/15
Ye Olde Cycle Barn (PDF)
Ye Olde Cycle Barn of Hughesville, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
11/30/15
LPL Financial, LLC (PDF)
LPL Financial, LLC, of Boston, Mass., has entered into a Consent Agreement and Order, will offer remediation to clients, take corrective actions, and pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
11/25/15
Prospect Mortgage, LLC (PDF)
Prospect Mortgage, LLC, of Sherman Oaks, Ca., has entered into a Consent Agreement and Order, will pay a fine and restitution to consumers, and take corrective actions for violations of the Mortgage Licensing Act.
Diskin Motors, Inc. d/b/a Carousel Hyundai of West Chester, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
Speedy, Inc. d/b/a Direct Auto Sales of Bensalem, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
Consumer Debt Help Association, LLC, of Delray Beach, Fla., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
New Concept Auto Exchange, LLC, of Glenolden, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
4 Below Auto Sales & Service, LLC, of Hatboro, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
John Kennedy Ford, Inc., of Phoenixville, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
American Capital Finance, Inc., of Marlton, NJ, has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Mortgage Licensing Act.
 
11/2/15
i3 Lending, Inc. (PDF)
i3 Lending, Inc., of Downingtown, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Mortgage Licensing Act.
 
Fidelity Direct Mortgage, LLC, of Gaithersburg, Md., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Mortgage Licensing Act.
 
A-1 United Auto Services, Inc., of Harrisburg, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
Susquehanna Resource Group II Incorporated of Etters, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Consumer Credit Code.
 
The Department has ordered Best Rate Finance Group, Best Rate Financial and Best Rate Financial Group of Oklahoma City, OK,  to cease and desist from engaging in the mortgage business in Pennsylvania, provide consumer refunds, take corrective action, and pay a fine for violations of the Mortgage Licensing Act.
 
Swanson Services Corporation of Denver, Co., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Money Transmitter Act.
 
The Department has terminated the mortgage broker license for Main Line National Mortgage, Inc. of Wayne, Pa., and terminated the mortgage originator license of Linda Ball Patton of Malvern, Pa. and prohibited both the entity and individual from engaging in the mortgage loan business in Pennsylvania for violations of the Mortgage Licensing Act.
 
8/12/15
The Department has permanently barred Ronald D. Coleman of Murrieta, Ca., from engaging in the securities industry in Pennsylvania for violations of the Pennsylvania Securities Act of 1972.
 
The Department has suspended the license of Wingspan Portfolio Advisors, LLC, of Dallas, TX, ordered this entity to cease and desist from engaging in the mortgage business in Pennsylvania, take corrective action, and pay a fine for violations of the Mortgage Licensing Act.

 

7/31/15
Centre Square Funding Associates, Inc. (PDF)

The Department has suspended the license of Centre Square Funding Associates, Inc., of Centre Square, Pa., ordered this entity to cease and desist from engaging in the mortgage business in Pennsylvania, take corrective action, and pay a fine for violations of the Mortgage Licensing Act.
 
7/13/15
Bud’s Auto Sales (PDF)
Bud’s Auto Sales of Beaverdale, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
7/7/15
MML Investors Services, LLC of Springfield, Ma., has entered into a Consent Agreement and Order, will take corrective actions, and pay an assessment and legal and investigative costs, for violations of the Pennsylvania Securities Act of 1972.
 
Save More Market, Inc., of Philadelphia, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Check Casher Licensing Act.
 
First Heritage Financial, LLC, of Trevose, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Mortgage Licensing Act.

6/24/15
The Department has ordered Autoloans, LLC; Car Loans, LLC; Loan Servicing Solutions; Management Solutions, LLC; William McKibbin III; Kevin Cronin; Mark Edward Wiener; and Kelly S. Bonner to cease and desist from engaging in the consumer discount business in Pennsylvania, take corrective actions, and provide refunds to consumers for violations of the Consumer Discount Company Act and the Loan Interest Protection Law.
 
6/24/15
Bill.com, Inc. (PDF)
Bill.com, Inc., of Palo Alto, Ca., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Money Transmitter Act.
 
Innovate Loan Servicing Corp. of Fort Worth, TX, d/b/a Innovate Auto Financing has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Consumer Credit Code.
 
6/10/15
Anthony Diaz (PDF)
The Department has entered into a Consent Agreement and Order with Anthony
Diaz of East Stroudsburg, Pa., relating to the offer and sale of securities in Pennsylvania in
violation of the Pennsylvania Securities Act of 1972. Under the settlement
order, Diaz’ agent registration is permanently revoked, and he is
permanently barred from representing or acting as a promoter, officer,
director, or partner of an issuer offering or selling securities in
Pennsylvania. Diaz is also ordered to pay legal and investigative costs.
 
The Department has entered into a Consent Agreement and Order with A. John
Leontakianakos of Dix Hills, NY,  relating to the offer and sale of unregistered securities in
Intubation Plus, Inc., of Corry, Pa.  Under the settlement order, Leontakianakos is barred
for six months from offering or selling securities or being registered as a
broker dealer, agent, investment adviser, or investment adviser
representative in Pennsylvania.
 
Service Finance Company LLC, of Boca Raton, Fl., has entered into a Consent
Agreement and Order, will pay a fine and take corrective actions for
violations of the Mortgage Licensing Act and the Consumer Discount Company
Act.
 
Global Client Solutions, LLC, of Tulsa, OK, has entered into a Consent
Agreement and Order, will pay a fine and take corrective actions for
violations of the Money Transmitter Act.
 
4/27/15
Professional Sales Inc. (PDF)
Professional Sales Inc., of Bensalem, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Consumer Credit Code.
 
4/14/15
The Department has entered into a Consent Agreement and Order with Natalie A. Larson of Corry, Pa., relating to the offer and sale of unregistered securities in Intubation Plus, Inc., of Corry, Pa. Under the settlement order, Larson is barred for six months from offering or selling securities or being registered as a broker dealer, agent, investment adviser, or investment adviser representative in Pennsylvania.
New Day Financial, LLC, d/b/a NewDay USA of Fulton, Md., has entered into a final Consent Agreement and Order with the Pennsylvania Department of Banking and Securities and 42 other state financial regulators, will take corrective actions, and pay a fine for violations of the federal SAFE Act. 
 
4/9/15
Advisors Mortgage Group, LLC (PDF)
Advisors Mortgage Group, LLC, of Ocean, NJ, with branches in Norwood and Huntingdon, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Mortgage Licensing Act.
 
4/1/15             
James W. Wishart  (PDF)
The Department has accepted a Consent Agreement and Order from James W. Wishart of Lexington Park, Md., relating to the offer and sale of unregistered securities in Intubation Plus, Inc., of Corry, Pa. Under the order, Respondent is barred for a period of six months from offering or selling securities and from being registered as an agent or investment adviser.
 
Tri State Pawn Brokers of North Huntingdon, Pa., has entered into a Consent Agreement and Order and will take corrective actions for violations of the Pawnbrokers License Act.
 
Financial Help Services of Ft. Lauderdale, Fl., has entered into a Consent Agreement and Order and will take corrective actions for violations of the Debt Management Services Act.

3/18/15
McNamara Auto Sales (PDF)
McNamara Auto Sales of York, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Motor Vehicle Sales Finance Act.

3/18/15
Gary R. Miles has entered into a Consent Agreement and Order for the offer and sale of securities in violation of the Pennsylvania Securities Act of 1972. Under the settlement, Miles’ agent registration is permanently revoked and he is permanently barred from representing an issuer or acting as a promoter or officer offering or selling securities in Pennsylvania, and is order to pay investigative and legal costs.
 
3/10/15
Autos for All LLC, of Coraopolis, Pa., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Motor Vehicle Sales Finance Act.

3/4/15
The Department has ordered Grace Period, Inc.; Dime-a-Day Solutions; Graced Lending, LLC; and Ventures in Grace, Inc. to cease and desist from engaging in the consumer discount business and provide refunds to consumers for violations of the Consumer Discount Company Act and the Loan Interest Protection Law.
  
Times of Money Limited of Mumbai, India, has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Money Transmitter Act.
 
1/23/15
Francis Paul DeSantis (PDF)
Francis Paul DeSantis of Morristown, NJ, has entered into a Consent Agreement and Order, had his Mortgage Loan Originator license suspended for two years, and will take corrective actions for violations of the Mortgage Licensing Act.
 
U.S. Equity Advantage Holdings, Inc., of Orlando, Fla., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Money Transmitter Act.
 
Bridgepoint Mortgage, LLC, of Clinton, Ct., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Mortgage Licensing Act.