Orpheum Property Inc (PLFF)

[tdbowieknife]

And now Bruce Gwyn indicted and ARRESTED...

MONTGOMERY, ALABAMA (September 22, 2015) Hallie S. Dixon, District Attorney for the 28th Judicial Circuit, Baldwin County, Alabama; and Joseph P. Borg, Director of the Alabama Securities Commission (ASC) announced that Bruce Alexander Gwyn of Metairie, Louisiana; and James Anthony Ghio, of Fairhope, Alabama, were arrested by the Baldwin County, Alabama Sheriff’s Office following an indictment by an August, 2015 session of the Baldwin County Grand Jury in connection with alleged violations of the Alabama Securities Act. Gwyn turned himself in to Baldwin County officials on September 18, 2015 and was released on $20,000 bond. Ghio was arrested on September 12, 2015 and was released on a $20,000 bond. Both Gwyn and Ghio were required to surrender their passport Gwyn was charged with one count of Sale of Unregistered Securities, and one count of Sale of Securities by an Unregistered Investment Adviser. The securities registration charges are Class C felonies, punishable from one year and a day to 10 years’ imprisonment and a $15,000 fine per charge upon conviction. Additionally, Gwyn is charged with three counts of Fraud in Connection with the Sale of Securities; specifically, making an untrue statement of material fact or omitting to state a material fact and employing a device, scheme or artifice to defraud. The fraud charges are Class B felonies, punishable from two to 20 years’ incarceration and a $30,000 fine per charge upon conviction. Gwyn’s co-defendant, Ghio is charged with one count of Sale of Securities by an Unregistered Agent, a Class C felony, carrying a possible maximum sentence from one year and a day to ten years’ imprisonment and not more than a $15,000 fine per count upon conviction.

http://www.asc.state.al.us/News/2015%20News/9-22-15%20Gwyn-Ghio%20release.pdf

Click image to enlarge:


http://mugshots.com/US-Counties/Alabama/Baldwin-County-AL/Bruce-Alexander-Gwyn.117390844.html


.


Dark------SEC

Non Reporting


.


..