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2018 Enforcement Orders


NOTE:  All documents are in PDF format.
 

11/9/18
George P. Birch III d/b/a Four Seasons Financial Group, Inc. (PDF)
George P. Birch III d/b/a Four Seasons Financial Group, Inc., has entered into a Consent Agreement and Order and has been permanently barred from selling securities in Pennsylvania for violations of the Pennsylvania Securities Act of 1972.

11/8/18
LPL Financial LLC (PDF)
LPL Financial LLC of Boston, Ma., has entered into a Consent Agreement and Order, will take corrective actions, and pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.

11/2/18
Ocwen Loan Servicing, LLC (PDF)
Ocwen Loan Servicing, LLC has entered into a Consent Agreement and Issuance of Conditional License as a mortgage servicer, and will take specified actions to comply with the Mortgage Licensing Act.

11/1/18
James Patrick Rossiter (PDF)
James Patrick Rossiter has entered into a Consent Agreement and Order, will surrender his Mortgage Loan Originator license, and not work in any capacity regulated by the department for a period of one (1) year, for violations of the Mortgage Licensing Act.

11/1/18
First Premier Credit LLC (PDF)
First Premier Credit LLC of West Palm 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.

11/1/18
Brooks Camper Sales L.L.C. (PDF)
Brooks Camper Sales L.L.C. of Connellsville, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.

10/31/18
Apollo18, LLC, Kirk Durbin, and Justin Merrell (PDF)
Apollo18, LLC, Kirk Durbin, and Justin Merrell of Altoona, Pa., have entered into a Consent Agreement and Order, will take corrective actions, and pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.

10/26/18
I Buy Power Sports, Inc. (PDF)
I Buy Power Sports, Inc., of Nesquehoning, Pa. has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.

10/18/18
CC’s Powersports (PDF)
CC’s Powersports of Wilkes-Barre, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.

10/15/18
Jon L. Barnett (PDF)
Jon L. Barnett, President of Bridge Insurance & Financial Services, Inc., of Shady Grove, Pa., has entered into a Consent Agreement and Order, will take corrective actions, and pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.

10/5/18
Ooraa Inc. (PDF)
Ooraa Inc., of Cheyenne, WY, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
10/5/18
Arete Financial Group, Inc. (PDF)
Arete Financial Group, Inc., of Santa Ana, Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
10/5/18
Federal Credit Restoration (PDF)
Federal Credit Restoration of North Wales, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
10/5/18
Government Payment Service, Inc. (PDF)
Government Payment Service, Inc., of Indianapolis, IN, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Money Transmitter Act.
 
10/4/18
IFS Securities, Inc. (PDF)
IFS Securities, Inc., of Atlanta, Ga., has entered into a Consent Agreement and Order, will take corrective actions, and pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
9/26/18
Debt Free Company (PDF)
Debt Free Company of Sheridan, WY, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
9/26/18
Carbucks of Delaware, Inc. (PDF)
Carbucks of Delaware, Inc., of Tampa, Fla., has entered into a Consent Agreement and Order, will pay a fine, provide consumer restitution, and take corrective actions for violations of the Consumer Discount Company Act and the Loan Interest Protection Law.
 
9/21/18
Reliant Account Management, LLC (PDF)
Reliant Account Management, LLC of Knoxville, Tenn., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Money Transmitter Act.
 
9/21/18
Roche Asset Management, LLC (PDF)
Roche Asset Management, LLC of Allentown, Pa., has entered into a Consent Agreement and Order and will pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
9/19/18
Z&A Inc. (PDF)
Z&A Inc. of Philadelphia, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
9/17/18
U.S. Center for Debt Relief, LLC (PDF)
U.S. Center for Debt Relief, LLC of Tampa, 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.
 
8/23/18
Settle It Inc. (PDF)
Settle It Inc., of Orange Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
8/16/18
Pacific Insolvency Alliance LLC (PDF)
Pacific Insolvency Alliance LLC of Fremont, Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
8/16/18
Capitol Cash Exchange (PDF)
Capitol Cash Exchange of Reading, Pa., has voluntarily surrendered its license for violations of the Pawnbrokers Licensing Act.
 
8/15/18
Malaguti Wealth Management, LLC and Robert Malaguti (PDF)
The Department has ordered Malaguti Wealth Management, LLC of York, Pa., and Robert Malaguti to take corrective actions and pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 

8/6/18
Kairos Capital Advisors, LLC and Russell Garn Redenbaugh (PDF)
Kairos Capital Advisors, LLC of Stafford, Pa., and Russell Garn Redenbaugh have entered into a Consent Agreement and Order and will pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972. 

8/1/18
Roaring Investments, Inc. and Alexander Rowland (PDF)
The Department has ordered Roaring Investments, Inc., of Philadelphia, Pa., and Alexander Rowland to cease and desist from conducting business in Pennsylvania as an investment adviser for violations of the Pennsylvania Securities Act of 1972.

7/26/18
Formans Pawn, LLC (PDF)
The Department has fined Formans Pawn, LLC of Philadelphia, Pa. for violations of the Pawnbrokers Act.
 
The Department has fined Dividend Solar Finance LLC of San Francisco, Ca., for violations of the Consumer Discount Company Act.
 
Eastwind Capital, LLC d/b/a Eastwind Capital Wealth Management of Westerville, Ohio, has entered into a Consent Agreement and Order and will pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
Van Conversions, LLC of Norristown, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
7/20/18
LPFA, LLC (PDF)
LPFA, LLC of Shillington, Pa. has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
PMN, Inc. d/b/a Portfolio Management Network, Inc., of Pittsburgh, Pa., and S. John Whitehill have entered into a Consent Agreement and Order and will pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
Deals R Us Auto Sales of Lansdowne, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
6/29/18
Exeter Finance LLC (PDF)
Exeter Finance LLC of Irving, Tex., 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 fined My Mortgage Store, LLC of Lehighton, Pa. for violations of the Mortgage Licensing Act.
 
The Department has fined Money Quest Lending Corp. of Malvern, Pa. for violations of the Mortgage Licensing Act.
 
6/26/18
Carvana, LLC (PDF)
Carvana, LLC of Tempe, Ariz., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
Peritus Portfolio Services II LLC of Irving, Tex., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
United Auto Credit Corporation of Newport Beach, Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
6/19/18
AC Autopay LLC (PDF)
The Department has fined AC Autopay LLC of Denver, Co., for violation of the Consumer Discount Company Act.
 
The Department has fined Broff’s Diamond Loan and Finance Association of Pittsburgh, Pa., for violation of the Pawnbrokers Act.
 
The Department has fined Confident Financial Solutions of Boulder, Co., for violation of the Consumer Discount Company Act.
 
The Department has fined Credit Corp Solutions Inc. of Draper, Utah, for violation of the Consumer Discount Company Act.
 
The Department has fined Distressed Portfolio Management LLC of San Diego, Ca., for violation of the Consumer Discount Company Act.
 
The Department has fined Edelman’s Loan Office of Jenkintown, Pa., for violation of the Pawnbrokers Act.
 
The Department has fined Express Lending Services LLC of Levittown, Pa., for violation of the Consumer Discount Company Act.
 
6/19/18
FCC Finance LLC (PDF)
The Department has fined FCC Finance LLC of Dallas, Tex., for violation of the Consumer Discount Company Act.
 
The Department has fined H.E.L.P. Financial Corporation of Plymouth, Mich., for violation of the Consumer Discount Company Act.
 
The Department has fined Intellishore Corporation of New York, NY, for violation of the Consumer Discount Company Act.
 
6/19/18
LendingPoint LLC (PDF)
The Department has fined LendingPoint LLC of Kennesaw, Ga., for violation of the Consumer Discount Company Act.
 
The Department has fined LendingPoint SPE, L.L.C. of Kennesaw, Ga., for violation of the Consumer Discount Company Act.
 
The Department has fined Lend Street Financial, Inc. of Oakland, Ca., for violation of the Consumer Discount Company Act.
 
The Department has fined Lime Residential Ltd. of New York, NY, for violation of the Consumer Discount Company Act.
 
The Department has fined Main Loan Office, Inc. of Pittsburgh, Pa., for violation of the Pawnbrokers Act.
 
6/19/18
MPawn, LLC (PDF)
The Department has fined MPawn, LLC. of Versailles, Pa., for violation of the Pawnbrokers Act.
 
6/19/18
NewLine Loan, LLC (PDF)
The Department has fined NewLine Loan, LLC of Wilmington, NC, for violation of the Consumer Discount Company Act.
 
The Department has fined RenewFund Finance LLC of Oakland, Ca., for violation of the Consumer Discount Company Act.
 
The Department has fined RenewFund Receivables Trust 2015-1 of Oakland, Ca., for violation of the Consumer Discount Company Act.
 
The Department has fined Simple Path Financial LLC of Irvine, Ca., for violation of the Consumer Discount Company Act.
 
The Department has fined Sky Bridge Financial, LLC of McKinney, Tex., for violation of the Consumer Discount Company Act.
 
The Department has fined Theia Receivables Funding LLC of Oakland, Ca., for violation of the Consumer Discount Company Act.
 
6/19/18
Versara Lending LLC (PDF)
The Department has fined Versara Lending LLC of New York, NY, for violation of the Consumer Discount Company Act.
 
6/19/18
Ways to Work, Inc.(PDF)
The Department has fined Ways to Work, Inc. of Milwaukee, Wi., for violation of the Consumer Discount Company Act.
 
Spectrum Wealth Management, LLC has entered into a Consent Agreement and Order and will pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
5/21/18
John G. Harris d/b/a Harris Financial Management (PDF)
John G. Harris d/b/a Harris Financial Management of Pittsburgh, Pa., has entered into a Consent Agreement and Order, will pay an assessment, and take corrective actions for violations of the Pennsylvania Securities Act of 1972.
 
5/2/18
Future Income Payments, LLC f/k/a Pensions, Annuities and Settlements LLC (PDF)
Future Income Payments, LLC f/k/a Pensions, Annuities and Settlements LLC of Irvine, Ca., has entered into a Consent Agreement and Order, will take corrective actions, and cease and desist from specified activities for violations of the Consumer Discount Company Act and the Loan Interest and Protection Law.
 
The Department has denied a request of Federated Investors Trust Company seeking an exemption from a Pennsylvania regulation.
 

4/25/18
United Bank of Philadelphia (PDF)
United Bank of Philadelphia has entered into an Amended Consent Order under the Department of Banking and Securities Code.

Jack Giambalvo Motor Co., Inc. d/b/a Tyler Run 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 Consumer Credit Code.
 
Pratixa Corporation d/b/a Rt. 115 Food Mart of Effort, 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.
 
Fast Cash Consignment of Connellsville. Pa., has entered into a Consent Agreement and Order, will pay a fine, pay restitution to consumers, and take corrective actions for violations of the Loan Interest and Protection Law.
 
Amendment to the March 8, 2018, Final Report and Order regarding the October 3, 2016, branch application of Members Choice Financial Credit Union.
 
Financial Advisors Consortium, Inc., of Pittsburgh, Pa., and David E. Martin have entered into a Consent Agreement and Order, will pay an assessment, and take corrective actions for violations of the Pennsylvania Securities Act of 1972.
 
The Department has ordered corrections and fined Riverside Mortgage Group, LLC of Chadds Ford, Pa., for violations of the Mortgage Licensing Act.
 
3/27/18
Nova Financial Inc.(PDF)
The Department has ordered corrections and fined Nova Financial Inc. of Philadelphia, Pa., for violations of the Mortgage Licensing Act.
 
Chesapeake Home Sales, Inc. 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 Loan Interest and Protection Law.
 
2/14/18
Martino and Miles, Inc. d/b/a Peerless Advisors, and Daryl S. Martino (PDF)
The department has ordered Martino and Miles, Inc. d/b/a Peerless Advisors, and Daryl S. Martino of King of Prussia and Oaks, Pa., to pay an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
 
The Department has issued a report and clarifications concerning violations of the Money Transmitter Act by Givelify LLC of Indianapolis, IN, Tayo Ademuyiwa MD, and Walle Maflasire.
 
Final Report and Order regarding the October 3, 2016, branch application of Members Choice Financial Credit Union.
 
Aitken Research Group LLC and Chad K. Aitken of Pittsburgh, Pa., have entered into a Consent Agreement and Order for violations of the Pennsylvania Securities Act of 1972.
 
2/6/18
Michael Daniel Neft (PDF)
Michael Daniel Neft of Doylestown, Pa., has entered into a Consent Agreement and Order, will pay an assessment, and take corrective actions for violations of the Pennsylvania Securities Act of 1972.
 
Wesleyan Investment Foundation, Inc., of Fishers, Ind., has entered into a Consent Agreement and Order, will pay an assessment, and take corrective actions for violations of the Pennsylvania Securities Act of 1972.
 
1/12/18
New Era Group, Inc. (PDF)
New Era Group, Inc., of Camarillo, Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
 
Endless Mountain Development Co., Inc., of Rome, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
 
Robert John Knox, Jr. has entered into a Consent Agreement and Order, will pay an assessment, and take corrective actions for violations of the Pennsylvania Securities Act of 1972.