2014 Enforcement Orders
NOTE: All documents are in PDF format.
12/3/14National Automation Services, Inc.; Robert W. Chance; and Jeremy W. Briggs (PDF)National Automation Services, Inc., of Henderson, Nevada; Robert W. Chance; and Jeremy W. Briggs have entered into a Consent Agreement and Order, will pay an administrative assessment and investigative and legal costs, and will take correction actions for violations of the Pennsylvania Securities Act of 1972.
The Department has ordered Big Daddy Auto Sales of Uniontown, Pa., Inc. to cease and desist from engaging in the motor vehicle sales finance business, and pay a fine for violations of the Motor Vehicle Sales Finance Act.
11/4/14
J.P. Morgan Securities, LLC has entered into a Consent Agreement and Order relating to the registration of sales assistants and pursuant to a multi-state investigation. Under the order, J.P. Morgan Securities, LLC agrees to take corrective actions and to pay an administrative assessment and the costs of investigation.
11/3/14
Cambioreal, Inc. of Newark, De., 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 ordered Rescue Firm of Irvine, Ca., Inc. to cease and desist from engaging in the mortgage loan business in Pennsylvania, and take corrective actions for violations of the Mortgage Licensing Act.
10/24/14
The Department has issued a
Consent Order against Noah Bank of Elkins Park, Pa., which shall take
corrective actions under the Department of Banking and Securities Code.
10/23/14
LVG holding #1255, LLC; The Leonard Vincent Group; and Brian Hudlin, of Great River and New York, NY, have entered into a Consent Agreement and Order, will pay an administrative assessment and investigative and legal costs, and will take correction actions for violations of the Pennsylvania Securities Act of 1972.
10/8/14
Condor Capital Corporation of Haupauge, NY, has entered into a Consent Agreement and Order and will take corrective action for violations of the Motor Vehicle Sales Finance Act.
10/21/14
Matt-Bri, Inc., of Langhorne, Pa., has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Motor Vehicle Sales Finance Act.
10/15/14
Carns Equipment LLC of Clearfield, Pa., has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Motor Vehicle Sales Finance Act.
The Department has permanently barred Intubation Plus, Inc., of Corry, Pa.; Natalie A. McCray a/k/a Natalie A. Larson, of Corry, Pa.; James W. Wishart of Lexington Park, Md.; A. John Leontakianokos of Dix Hills, NY; and Anthony Cubb of Humble, Tx., from engaging in the securities business in Pennsylvania, and ordered the respondents to pay assessments for violations of the Pennsylvania Securities Act of 1972.
Bill Few Associates, Inc. of Pittsburgh, Pa., has entered into a Consent Agreement and Order, will pay an administrative assessment and investigative and legal costs, and will take correction actions for violations of the Pennsylvania Securities Act of 1972.
9/22/14
Almonte Consulting and Tax Services, LLC, of Allentown, Pa., and Amauris Almonte have entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Check Cashers Licensing Act.
9/12/14
First Re-Action, Inc. of Philadelphia, Pa., has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Motor Vehicle Sales Finance Act.
9/11/14
TAC Financial, Inc. of Las Vegas, Nev., has entered into a Consent Agreement and Order, which amends a settlement order previously issued on April 17, 2012.
9/8/14
World First USA, Inc., of Arlington, Va., has entered into a Consent Agreement and Order, will pay a fine and take corrective actions for violations of the Money Transmitter Act.
8/20/14
Jamie Patrick Linkowski of Pittsburgh, Pa. has entered into a Consent Agreement and Order, will pay an administrative assessment and investigative costs, and is permanently barred from issuer-related activities for violations of the Pennsylvania Securities Act of 1972.
8/19/14
American Energy Oil & Gas Resources Phase II, LLC (American Energy LLC) and American Energy Oil & Gas Resources, Inc. of Warminster, Pa., have entered into a Consent Agreement and Order, will pay legal and investigative costs, and will take corrective actions for violation of the Pennsylvania Securities Act of 1972.
8/18/14
Dennis Michael Butts of Altoona, Pa., and United States Veterans Educational Institute, Inc. have entered into a Consent Agreement and Order, will pay legal and investigative costs, and are permanently barred from securities-related activities in Pennsylvania for violations of the Pennsylvania Securities Act of 1972.
8/14/14
Garrett Financial Services, LLC and Bruce d. Garrett, Sr., of Beaver Falls, Pa., have entered into a Consent Agreement and Order, will pay an administrative assessment and investigative and legal fees, and take corrective actions for violations of the PA Securities Act of 1972.
8/13/14
The Department has revoked the investment adviser registration of Financial Triumph Associates, and the company and Peter L. Workman are ordered to jointly pay an assessment and investigative costs for violations of the PA Securities Act of 1972.
8/13/14
The Department has revoked the investment adviser registration of Ricker Capital Management, and the company and Nathaniel Steven Ricker are ordered to jointly pay investigative costs for violations of the PA Securities Act of 1972.
8/12/14
Katherine Ann Moore of Royersford, Pa., has entered into a Consent Agreement and Order and will surrender her mortgage originator license for violations of the Mortgage Licensing Act.
8/7/14
First Cornerstone Bank of King of Prussia, Pa., has entered into a Consent Agreement and Order and will take corrective action under the Department of Banking and Securities Code.
8/5/14
Carz II, Inc. of Philadelphia, Pa., Hara Wagman and Alan Wagman have entered into a Consent Agreement and Order, will surrender Carz II’s collector-repossessor license, pay a fine, provide consumer restitution, and take corrective actions for violations of the Motor Vehicle Sales Finance Act.
7/29/14
Bourne Capital 2 Ltd. of Isle of Man, d/b/a Payday Mobility, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act and the Loan Interest Protection Law.
7/17/14
Cashcall, Inc. and WS Funding, LLC of Orange, Ca.; Delbert Services Corporation of Las Vegas, NV; and John Paul Reddam, a resident of California, and other companies and corporations under their control have entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act and the Loan Interest Protection Law.
7/3/14
Shawn P. Funk d/b/a Deluxe Classic Recovery of Schnecksville, Pa., has entered into a Consent Agreement and Order and will surrender his collector-repossessor license for violations of the Motor Vehicle Sales Finance Act.
7/1/14
C. Tien’s Mortgage Services, Inc. of Macungie, Pa., has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Mortgage Licensing Act.
7/1/14
Residential Home Funding Corp. of White Plains, N.Y., has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Mortgage Licensing Act.
7/1/14
IBN Financial Services, Inc. of Liverpool, N.Y., has entered into a Consent Agreement and Order, will implement heightened supervision of a registered representative and pay an administrative assessment and investigative costs for violations of the PA Securities Act of 1972.
6/13/14
MH&R Financial Services, Inc. has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Mortgage Licensing Act.
6/5/14
Kuranda Financial Mortgage Inc. has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Mortgage Licensing Act.
5/13/14
San Francisco Tacos & Mini Mart has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Check Cashers Licensing Act.
5/12/14
VFG, LLC, f/k/a Voyager Financial Group, LLC has entered into a Consent Agreement and order and is permanently barred from offering or selling securities in Pennsylvania and from being registered as a broker-dealer, agent, investment adviser or investment adviser representative in Pennsylvania.
5/7/14
The Department has permanently barred HL.I, Incorporated, Mark A. Fitchett, and Elizabeth Hartsig from engaging in the securities industry in Pennsylvania, ordered corrective actions, and directed payment of an assessment and costs for violations of the PA Securities Act of 1972.
4/30/14
The Department has ordered Baymar Capital Funding, LLC and Scott D. Feltman to cease and desist from engaging in the mortgage loan business in Pennsylvania, pay a fine, provide refunds to consumers and take corrective actions for violations of the Mortgage Licensing Act.
4/18/14
Sinclair Hathaway Holdings, LLC and Gerald J. Lodovico have entered into a Consent Agreement and Order for violations of the PA Securities Act of 1972, and are barred for one year from issuing securities in the Commonwealth and will pay an administrative assessment and investigative costs. In addition, Gerald J. Lodovico's agent and investment adviser representative registrations are suspended for a one year period.
4/11/14
The Department has suspended the mortgage licenses for Monument Mortgage and Vincent R. Craven for violations of the Mortgage Licensing Act.
4/4/14
Strategic Funding, LLC and Michael Doria have entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Mortgage Licensing Act.
4/3/14
Meadowbrook Mortgage Services, Inc. has entered into a Consent Agreement and Order. Its mortgage broker license has been suspended, it will pay examination costs and take corrective action for violations of the Mortgage Licensing Act.
3/11/14
Montchanin Asset Management, LLC has entered into a Consent Agreement and Order, will pay an administrative assessment and investigative costs, and will take corrective action for violations of the Pennsylvania Securities Act of 1972.
3/11/14
Credit King Autos LP has entered into a Consent Agreement and Order, will pay a fine, provide consumer refunds and take corrective action for violations of the Motor Vehicle Sales Finance Act, the Consumer Discount Company Act and the Loan Interest Protection Law.
1/30/14
Commonwealth Foreign Exchange, Inc. has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Money Transmitter Act of 1965.
1/16/14
E&E Financial, Inc. d/b/a Edge Mortgage Services and Eugene Bederman have entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Mortgage Licensing Act. Additionally, E&E Financial, Inc. consents to the revocation of its mortgage broker license and Eugene Bederman offers to surrender his individual mortgage originator license.
1/16/14
Transfermate, Inc. has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Money Transmitter Act of 1965.
1/7/14
B&B of Honesdale, Corp. d/b/a B&B Chrysler Dodge Jeep Ram has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Motor Vehicle Sales Finance Act.
1/7/14
Kepple Properties LLC d/b/a Kepple Auto Sales has entered into a Consent Agreement and Order and will pay a fine and take corrective action for violations of the Motor Vehicle Sales Finance Act.
1/2/14
RBC Capital Markets, LLC has entered into a Consent Agreement and Order, will pay an administrative assessment, and will take corrective action for violations of the Pennsylvania Securities Act of 1972.