- 2015
Respondent was the sole principal of Indiana-based investment adviser Samex Capital Advisors, LLC. He fraudulently obtained money and funds from Samex investors by among other things, soliciting millions of dollars of investment funds under false
pretenses, failing to invest the money as promised, falsely reporting to investors that his securities trading resulted in high rates of returns, and misappropriating and converting investor funds to his own benefit without their authorization or knowledge. In addition to the relief herein, defendant was also sentenced to 121 months in prison.
