2017 Enforcement Orders
NOTE: All documents are in PDF format.
12/29/17PHH Mortgage Corporation (PDF)
PHH Mortgage Corporation of Mount Laurel, NJ, has entered into a multistate Settlement Agreement and Consent Order, will fund consumer restitution, will pay an administrative penalty, and take corrective actions for violations of state and federal laws, including the Mortgage Licensing Act.
Internet Escrow Services, Inc., of San Francisco, Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Money Transmitter Act.
John Marinus Seckel of Newtown, Pa., has entered into a Consent Agreement and Order and take corrective actions for violations of the Mortgage Licensing Act.
Raymond James Financial Services, Inc. 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.
Vanguard Advisers Inc., of Malvern, 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.
The department has ordered Akbar Williams & Associates Legal Corporation d/b/a Akbar & Associates Legal Corp.; Integrity Benefits Solution Corp.; and Malik Akbar (aka Tyrone Williams, Malik Akbar’el, Malik Akbarel) of Little Rock, Ark., to cease and desist from offering or selling securities in Pennsylvania.
Michael Kandravi d/b/a Explore Financial Group of Media, 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.
The department has barred John Frank Barnyak and Stonehouse Asset Management, Inc. of Washington, Pa., from engaging in the securities business in Pennsylvania and ordered payment of an administrative assessment and investigative costs for violations of the Pennsylvania Securities Act of 1972.
Leo’s Auto Sales of Oxford, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Brandywine Financial Group, Inc., and Raymond Carota of Blue Bell, Pa., 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The Department’s Suspension Order of June 30, 2017, against Full Throttle of York, Pa., has been rescinded.
Nova Financial Inc. of Philadelphia, Pa., and Ping Chin Shih have paid a fine and administrative fees, and completed all required corrective actions required by the Cease and Desist order of December 7, 2017, which is hereby rescinded.
Elizabeth J. Haskell d/b/a Iron Will Advisory Group has entered into a Consent Agreement and Order, and will pay an assessment for violations of the Pennsylvania Securities Act of 1972.
Wall Private Wealth LLC f/m/a Retire Well LLC and Michael D. Wall of Palm Beach Gardens, Fla., have entered into a Consent Agreement and Order, and will pay an assessment and investigative costs for violations of the Pennsylvania Securities Act of 1972.
Collector Car Lending of Ocala, Fla., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
James F. Schmucker d/b/a Greystone Enterprises 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.
Start New Settlement, LLC of Grand Rapids, Mich., as entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Debt Settlement Services Act.
Reynolds & Reynolds of Houston, Tex., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
The department has ordered Cigarette Limited Partners I of Miami, Fla.; Galaxy Pictures II, LLC of Ft. Lauderdale, Fla.; and James A. Valentine to cease and desist from the offering and sale of limited partnership units in the commonwealth of Pennsylvania for violations of the Pennsylvania Securities Act of 1972.
Northside Imports LLC of Pittsburgh, Pa., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Gerard O’Neill d/b/a GJO Financial of Chalfont, Pa., has entered into a Consent Agreement and Order, and will pay an assessment for violations of the Pennsylvania Securities Act of 1972.
The Department fined Riverside Mortgage Group, LLC of Chadds Ford, Pa. for violations of the Mortgage Licensing Act.
The Department fined Nova Financial Inc., of Philadelphia, Pa. for violations of the Mortgage Licensing Act.
MPower Financing, Public Benefit Corporation of Washington, DC, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act.
Leonard Ambrose IV of Erie, Pa., has entered into a Consent Agreement and Order, agreed to a license suspension, will pay a fine, and take corrective actions for violations of the Mortgage Licensing Act.
Ace Cash Express of Irving, Texas, has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Check Casher Licensing Act.
Arlene M. Neff d/b/a A. Neff Associates of Pittsburgh, Pa., has entered into a Consent Agreement and Order, and will pay an assessment for violations of the Pennsylvania Securities Act of 1972.
Vasari Energy, Inc., a Delaware corporation with an address in Irvine, Ca., and Michael Megarit have entered into a Consent Agreement and Order, and will pay an assessment for violations of the Pennsylvania Securities Act of 1972.
Woodside Credit, LLC of Newport Beach, Ca., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Martin Auto Sales, Inc., of Pittsburgh, Pa., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
The Department has suspended the mortgage lender license of My Mortgage Store, LLC of Lehighton, Pa, and ordered the company to cease and desist from engaging in the mortgage business in Pennsylvania for violations of the Mortgage Licensing Act.
The Department has suspended the mortgage lender license of Pennsylvania Equity Mortgage Store, Inc. of Allison Park, Pa, and ordered the company to cease and desist from engaging in the mortgage business in Pennsylvania for violations of the Mortgage Licensing Act.
The Department has suspended the mortgage lender license of Vanguard Funding LLC of Garden City, NY, and ordered the company to cease and desist from engaging in the mortgage business in Pennsylvania for violations of the Mortgage Licensing Act.
West End Auto Sales, Inc., of York, Pa., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
J&R Auto of Shippensburg, Pa., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
7/28/17Rally Motors Automotive, Inc. (PDF)The Department has suspended the installment seller license of Rally Motors Automotive, Inc. Philadelphia, Pa., for violations of the Consumer Credit Code.
Wiest Enterprises, Inc., of Mechanicsburg, Pa. and Carlisle, Pa., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Austin R. Dutton, of Doylestown, Pa., has entered into a Consent Agreement and Order, and will pay an assessment for violations of the Pennsylvania Securities Act of 1972.
Rain or Schine Towing, of Bradford, Pa., has entered into a Consent Agreement and Order, and will pay an examination invoice and administrative fee invoices for violations of the Consumer Credit Code.
Karns Performance LLC, of Mechanicsburg, Pa., has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Newbridge Securities Corporation, of Boca Raton, FL, has entered into a Consent Agreement and Order, and will pay an assessment for violations of the Pennsylvania Securities Act of 1972.
7/11/17
Friends
Automotive, Inc., of Carlisle, Pa., has entered into a Consent Agreement and
Order, will pay a fine, and take corrective actions for violations of the
Consumer Credit Code.
Contour Mortgage Corporation of Garden City, NY, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Mortgage Licensing Act.
The Department has revoked the license of Hub Consumer Discount Company of Rochester, Pa. and ordered the company to take corrective actions and cease and desist from engaging in business of making loans in Pennsylvania for violations of the Consumer Discount Company Act.
7/6/17
J&K
Automotive LLC 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.
Allen Ezard of Mohnton, Pa., 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.
6/19/17Merkle Motors LLC (PDF)The Department has suspended the installment seller license of Merkle Motors LLC of Corry, Pa., for violations of the Consumer Credit Code.
MiLend, Inc., of Atlanta, Ga., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act.
Harbold’s Garage & Trailer Sales, Inc., of Dover, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
RedBrick Financial Group of West Des Moines, Ia., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act.
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.
Dan Sprankle’s Auto Outlet, LLC of Tyrone, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Emma Autotags Multiservice 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.
The department has barred Peter L. Workman, Financial Triumph Associates, and Peter L. Workman d/b/a Financial Triumph Associates of Harleysville, Pa., from engaging in the securities business in Pennsylvania and ordered payment of an administrative assessment for violations of the Pennsylvania Securities Act of 1972.
Personal Energy Finance, Inc., of San Diego, Ca., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act.
Sky Bridge Financial, LLC of McKinney, Tex., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Discount Company Act.
Economic Advantages Corporation of Woodstock, VT, has entered into a Consent Agreement and Order, and will pay a fine, and take corrective actions for violations of the Money Transmitter Act.
S.F. Ehrlich Associates, Inc., of Westfield, NJ, 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.
TRF Enterprise Fund, 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 Discount Company Act.
Rosenberg’s Check Cashing, 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.
Obsidian Financial Services, Inc., of Melbourne, Fla., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Mortgage Licensing Act.
Eustace Oris Uku, and Exico, Inc. of Pittsburgh, Pa., have been barred from the securities business in Pennsylvania for five years, entered into a Consent Agreement and Order, and will take corrective actions for violations of the Pennsylvania Securities Act of 1972.
Private Advisor Group, LLC of Morristown, NJ, 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.
Robert Cline d/b/a Cline’s Auto Sales of North Huntington, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
East Coast Cash for Gold 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.
Woodbridge Structured Funding, LLC of Sherman Oaks, Ca., 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.
Premier Innovations Group, Inc. and Clique Vodka Limited, of Pittsburgh, Pa., and Hubbard, Ohio, and Noah Cohen have been barred from the securities business in Pennsylvania for 10 years, entered into a Consent Agreement and Order, will take corrective actions, and pay an assessment for violations of the Pennsylvania Securities Act of 1972.
Elish & Elish, Inc. d/b/a Peter Elish Investments Securities of Canonsburg, 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.
Yapstone Holdings, Inc. and Yapstone, Inc., Delaware corporations located in Walnut Creek, Ca., have entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Money Transmitter Act.
Auto Junction, Inc., of Bradford, Pa., has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Western Funding Incorporated of Las Vegas, NV, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
AGCO Finance LLC of Johnston, IA, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
DLL Finance LLC of Johnston, IA, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Mahindra Finance USA LLC of Johnston, IA, has entered into a Consent Agreement and Order, will pay a fine, and take corrective actions for violations of the Consumer Credit Code.
Key Funding, LLC, 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.