New SEC Lawsuit Against Raymond P. Morris, E&R Holdings and Wise Financial Holdings (among others)

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Today the Salt Lake City office of the Securities and Exchange Commission filed a lawsuit against Raymond P. Morris, E&R Holdings, LLC, Wise Financial Holdings, LLC, Momentum Leasing, LLC, James L. Haley, Cornerstone Capital Fund, LLC, Vantage Point Capital, LLC, Jay J. Linford, Freedom group, LLC, and Luc D. Nguyen (an attorney). The suit alleges… Read more »

Man dupes friend, others out of more than money — ksl.com

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This is a repost of a story that appeared yesterday on ksl.com. December 16th, 2010 @ 7:33pm By Jasen Lee SALT LAKE CITY — For much of his life, Eric Nelson had been a person who saved and planned for his family’s future. After doing so diligently for more than 20 years, he now finds… Read more »

How to Make Money from Securities Fraud Without Actually Committing It

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On July 15, the U.S. Senate passed the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (the “Act”) otherwise known as the Wall Street Reform bill. President Obama signed the bill on July 21, 2010 putting into place the most significant and sweeping changes to our country’s financial regulatory system since the Great Depression. The… Read more »

SILVERLEAF FRAUD FILING

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Shane Baldwin

Dwight Shane Baldwin, who ran several “venture capital” funds called the Silverleaf Companies has been charged by the Utah Division of Securities with securities fraud and theft, prosecutors said Monday. Previously the Division had charged him with securities fraud. The Division’s civil complaint is available here. According to the allegations in the complaint, In January… Read more »