Friday, January 24, 2014
In checking the Collin County Courts Records Inquiry, it's apparent the State of Texas is preparing to go to trial on the 17th of February against Attorney Kelly Gordon Rogers.
On the 16th and 21st of January, the State entered evidence with the court including it's witness list and affidavits from Plains Capital Bank/H. Pena (1 CD), BOKF, N.A., d/b/a Bank of Texas/T. Hemmert (1 CD), and Stillwater National Bank/M. L. Hixson (1 CD) .
With only THREE weeks until the trial, the only question left to discuss; should Attorney Kelly G Rogers be placed into protective custody on suicide watch? Or will he take his medicine like a man?
Sunday, January 12, 2014
Like counting down the days to the big game, we are now approaching the 30 DAY mark until the scammer faces his day in court.
What will life be like once the trial is over, once Rogers is sentenced and is rotting in jail? Once Carrie moves back into her parents condo complex and vacates the status of her current home? Once the greater Frisco investing and Church community is safe from his financial shell games?
I don't know but I can't wait!
Today we get to revisit a scam called LEVEL PAR. It's a snap shot into the creation of a Ponzi scheme. It was sent to us under a cloak of secrecy, in the cover of darkness. Two people, meeting in an alley, in a driving rain storm. Lightning and thunder....you got the "Package"? Here you go! Nondescript manilla envelop passed between two individuals in raincoats. Then the two parties slither off into the darkness. Nothing short of a Tom Clancy movie!
Notice there are TWO names associated with this presentation?
It's an EIGHT slide deck and presented to honor the SEC and Marshall Gandy's successful prosecution of Kelly G Rogers.
Tuesday, January 7, 2014
Mr. Gandy is the associate regional director and examinations at US Securities and Exchange Commission.
More importantly, Mr. Gandy was the prosecuting attorney in 2007 for the SEC v. Global Finance Investments, Inc., et al which was Kelly Rogers and his Level Par Ponzi Scheme.
This is significant because Rogers' has clearly violated the terms of his agreed final consent.
Under the agreed terms of the Consent, the Defendant (Kelly G Rogers) agreed to the order that;
(i) permanently restrains and enjoins Defendant from future violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 ("Securities Act") [15 U.S.C. §§ 77e(a), 77e (c) and 77q(a)], and Section 10(b) of the Securities Exchange Act of 1934 (the "Exchange Act") [15 U.S.C. § 78j(b)] and Rule 10b-5 promulgated thereunder [17 C.F.R. § 240.10b-5];
(ii) orders Defendant to pay disgorgement in the amount of $100,000, plus prejudgment interest thereon in the amount of $3,360; and (iii) orders Defendant to pay a civil penalty in the amount of $50,000 under Section 20(d) of the Securities Act [15 U.S.C. § 77t(d)] and Section 21(d) of the Exchange Act [15 U.S.C. § 78u(d)].
Further, it spelled out; "...by using any means or instrumentality of interstate commerce, or of the mails, or of any facility of any national security exchanges, in connection with the purchase or sale of any security;
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading or
(c) to engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
In the "CONSENT OF DEFENDANT KELLY G ROGERS document, on page 5 it simply says;
"If Defendant breaches this agreement, the Commission may petition the Court to vacate the Agreed Final Judgement and restore this action to its active docket".
So SEC, let's get to it!