HUGHE DUWAYNE GRAHAM, DONALD LEE HOWARD & LARRY LOUIS MATYAS REVIEW
This complaint was posted on NAS on 6th Jan, 2021 and is a permanent record located here: https://www.nameandshame.com/hughe-duwayne-graham-donald-lee-howard-larry-louis-matyas-5YCVQ/three-idiot-fraudsters-who-pretend-to-brokers-id5ydpk .
The Three Idiot Fraudsters Who Pretend To Be Brokers
Today, The Smart Investor Feed brings you another morally reprehensible fraud.
Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?
We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.
Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:
Full Report On Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas
The Securities and Exchange Commission charged Hughe Duwayne Graham, Donald Lee Howard, and Larry Louis Matyas, with acting as unregistered brokers in the sale of the securities of microcap issuer US Lighting Group, Inc.
According to the SEC's complaint, from at least October 2017 through at least May 2019, Graham, Howard and Matyas solicited investments in US Lighting Group by cold calling and emailing prospective investors, sending the investors subscription agreements, and instructing investors as to how to make their investment. The complaint alleges that they received commission payments of approximately 40% of investor proceeds from sales of US Lighting Group securities. According to the complaint, none of the defendants were registered as a broker-deal or associated with a registered broker-dealer at the time.
The SEC's complaint, filed in the federal district court for the Northern District of Ohio, charges Graham, Howard and Matyas with violating the broker-dealer registration provisions of Section 15(a)(1) of the Securities Exchange Act of 1934. Matyas has consented, on a neither-admit-nor-deny basis, to the entry of a judgment that imposes permanent injunctions, conduct-based injunctions from soliciting purchases or sales of securities, and a civil penalty of $367,916. The settlement is subject to court approval.
The SEC's investigation was conducted by James Thibodeau and Laurie Abbott, was assisted by David Whipple and Casey Fronk, and was supervised by Amy Oliver, Assistant Director, and Daniel Wadley, Regional Director of the Salt Lake Regional Office
Conclusion: Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas Is A Fraud
The report on SEC clearly suggests that Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.
If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.
Help Us Fight These Criminals
Do you have evidence against Hughe Duwayne Graham, Donald Lee Howard & Larry Louis Matyas or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.
Full Disclosure: We sourced this piece of information from the SEC database