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Oil and Gas Partnerships

Susan Pruitt Sentenced on Oil/Gas Fraud-Dallas, TX
Susan Pruitt Sentenced on Oil/Gas Fraud-Dallas, TX 150 150 Rex Securities Law

November 2016-Dallas, Texas Susan Gay Pruitt, 45, pleaded guilty to money laundering and theft of more than $200,000 and was sentenced to 22 years for selling phony oil and gas…

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VFG Securities-Jason Vanclef-Sanctioned by Securities Regulator
VFG Securities-Jason Vanclef-Sanctioned by Securities Regulator 150 150 Rex Securities Law

November 2016-Plano, Texas/Culver City, CA VFG Securities, Inc. and its owner, Jason Vanclef, reached a settlement with the Financial Industry Regulatory Authority (FINRA) to resolve allegations by the securities industry…

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Stanley Fortenberry of San Angelo, TX, Sentenced to 78 Months-San Angelo, TX
Stanley Fortenberry of San Angelo, TX, Sentenced to 78 Months-San Angelo, TX 150 150 Rex Securities Law

UPDATE FEBRUARY 2017-Fortenberry sentenced to 78 months in prison. Follow this link to Department of Justice news release for more details on his sentencing.  November 2016, San Angelo, Texas The…

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VSR Financial-Overland Park, KS, Brokerage Firm- Shutting Down Operations
VSR Financial-Overland Park, KS, Brokerage Firm- Shutting Down Operations 150 150 Rex Securities Law

November 3, 2016-Overland Park, KS The Kansas City Star reports that VSR Financial, which has been in business since 1984, it shutting down and moving its brokers and customers to…

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Brian Alfaro’s Request to Dismiss Fraud Charges Denied-San Antonio, TX
Brian Alfaro’s Request to Dismiss Fraud Charges Denied-San Antonio, TX 150 150 Rex Securities Law

October 3, 2016-San Antonio, Texas mySA reports that bankruptcy court judge Craig Gargotta denied Brian Alfaro’s request to dismiss allegations of fraud, civil conspiracy, negligent misrepresentation, and violations of securities…

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Mickey Long-VSR Financial Broker- Sanctioned by Texas State Securities Board-Plano, TX
Mickey Long-VSR Financial Broker- Sanctioned by Texas State Securities Board-Plano, TX 150 150 Rex Securities Law

October 2016-Plano, Texas The Texas State Securities Board (TSSB) entered a Disciplinary Order against M. F. (Mickey) Long II who operates First Financial Services Group in Plano, TX, and stock brokerage…

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Bob Wamhoff-Former VSR Financial Broker-Discloses Pending Customer Disputes
Bob Wamhoff-Former VSR Financial Broker-Discloses Pending Customer Disputes 150 150 Rex Securities Law

UPDATE MARCH 2018-Follow this link for most recent update. UPDATE SEPTEMBER 2017–Robert Wamhoff discloses 2 currently pending customer disputes: 7/2017-a customer of VSR Financial Services alleges poor performance of oil…

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Stanley J. Fortenberry of San Angelo, TX, Indicted on Fraud Charges in Connection Oil Deals
Stanley J. Fortenberry of San Angelo, TX, Indicted on Fraud Charges in Connection Oil Deals 150 150 Rex Securities Law

August 11, 2016-San Angelo, Texas The Department of Justice announced that Stanley J. Fortenberry, 50, of San Angelo, Texas, has been charged with 3 counts of mail fraud, 2 counts…

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Will R. Freeman-Wilbanks Securities Broker-Discloses $1.4M Claim Over Loss on Aztec Oil & Gas
Will R. Freeman-Wilbanks Securities Broker-Discloses $1.4M Claim Over Loss on Aztec Oil & Gas 150 150 Rex Securities Law

Oklahoma City, OK MAY 2017 UPDATE-Per FINRA records Will Ricker Freeman left Wilbanks Securities 10/2016 and he is not currently registered. ORIGINAL POST AUGUST 2016–The FINRA records of Will R. Freeman ,  a…

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