November 09, 2011
A Texas federal judge has sentenced a former executive of Houston-based W Financial Group LLC to five years in prison for scamming investors who bought more than $17 million worth of securities from the firm, federal prosecutors said Wednesday.
November 09, 2010
A second executive of Houston-based W Financial Group LLC has pled guilty to defrauding investors who bought more than $17 million worth of securities from the firm by misrepresenting the company's history and the safety of putting money in the debt obligations.