October 5, 2015-McKinney, Texas
The Texas State Securities Board (TSSB) announced that Larry David Eckenrode of McKinney, TX, a three time felon, was arrested September 29, 2015, and charged with securities fraud, theft and money laundering related to his sale of investments in a short term lending program that was allegedly making loans to international fuel businesses.
According to the TSSB, Eckenrode was convicted in 1982 for felony theft in Harris County and sentenced to 10 years. In 2003, he pleaded guilty to misapplication of fiduciary property of a financial institution and sentenced to 10 years in Dallas County. Earlier this year he was convicted of commercial bribery in Dallas County and sentenced to two years.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are 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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