The Texas State Securities Board announced that a third defendant in the Intermodal Wealth Inc. $10 million shipping container fraud, Dean Lester Springer, Sr. , had surrendered to federal authorities in Houston on charges of securities fraud, conspiracy to commit mail and wire fraud and conspiracy to launder funds.
Intermodal’s president Steven Patrick Jones pleaded guilty in May 2014 and sentencing is scheduled for December. Co-defendant John Patrick Acord is in custody.
Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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