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Non-Tech : Home Solutions of America (HSOA), The best is yet to come -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (20725)11/30/2009 1:58:44 PM
From: Labrador  Read Replies (1) | Respond to of 20808
 
Wonder why it's not criminal? Seems like a slap on the wrist. Wonder what took the SEC so long to investigate this matter?

Former Home Solutions CFO and COO Rick O'Brien consented to a permanent injunction and a $130,000 penalty.

Former Fireline controller Stephen Gingrich consented to a permanent injunction, a $25,000 penalty, and an administrative order barring him from practicing before the Commission as an accountant for at least three years.

Former Fireline COO Thomas Davis consented to a permanent injunction, a $25,000 penalty, and payment of disgorgement and interest of $32,850.

Jeff Craft, a business partner of Marshall, consented to a permanent injunction.



To: scion who wrote (20725)12/1/2009 8:20:23 AM
From: kgr1137  Read Replies (1) | Respond to of 20808
 
Finally, the day of reckoning comes for these crooks and their fraudulent activities are disclosed and enumerated. Civil charges are a nice first step but these guys need to be behind bars. Criminal charges can't be far away.

Here's a link to the full complaint. It is a MUST READ.

sec.gov

You can't read it without gasping at the breadth and audacity of their numerous scams.