CoreStream Energy, Inc. (fka ZLUS)

[MaxShockeR]

Update: FINRA Charged Milton Ault


FINALLY HE GOT CAUGHT FOR HIS MARKET CRIMES COMMITED!


-Milton "Todd" Charles Ault III Suspended, Fined & Ordered to Pay Nearly $400,000 for Unauthorized Transactions
http://www.stocklaw.com/Securities-Fraud-Blog/2012/June/Milton-Todd-Charles-Ault-III-Suspended-Fined-Ord.aspx

Posted on Jun 28, 2012 The Financial Industry Regulatory Authority (FINRA) suspended Milton Charles Ault III of Fountain Valley, California until May 2014, ordered restitution of approximately $313,000, plus interest, and fined Ault an additional $75,000—a sanction totaling $385,000—for engaging in 43 transactions in the accounts of four clients without the customers' prior authorization, knowledge or consent.

FINRA Case #20080161571-01 (April 26 2012) PDF file

Ault, who has also used the alias "Todd Ault" in the industry, committed the financial misconduct in 2008 while he ran his own brokerage firm, Zealous Capital Markets, LLC, based in Tustin, CA. As FINRA determined Ault failed to remit payment and deliver services to clients, the Authority took the severe step of ordering $312,916.06, plus interest, in restitution to investors Ault had defrauded.

Zealous Capital Markets, LLC terminated its registration with FINRA in January 2009. After leaving Zealous in 2009, Ault became associated with the Scottsdale Capital Advisors Corp. before being served the aforementioned charges.

If you have done business with broker Milton Charles Ault or "Todd Ault," and believe the firm or Ault himself engaged in unethical practices or financial misconduct harmful to your investments or interests, please call The Law Offices of Jonathan W. Evans & Associates at [phone] for an investigation and consultation.

-Milton Charles Ault III
http://www.linkedin.com/in/miltoncaultiii (ZLUS) a.k.a "Milton Todd Ault"
http://www.lead411.com/Milton_AultIII_137918.html
http://toddault.blogspot.com/
http://twitter.com/toddault
https://plus.google.com/113867405475846631351/posts
www_theadultspot_d0t_c0m


-Palin P0rno Spoof Producer Tricked Hedge Funds, Says Suit (August 2009)
http://www.cbsnews.com/8301-504083_162-5236957-504083.html

-Hedge funders' suit claims money went to p0rn investment, swingers' resort (August 2009)
http://www.nydailynews.com/news/money/hedge-funders-suit-claims-money-porn-investment-swingers-resort-article-1.400593

-Investors: Fund Manager Blew Cash on P0rn, Swingers Club (August 2009)
http://www.newser.com/story/66721/investors-fund-manager-blew-cash-on-porn-swingers-club.html

According to the suit, Ault bilked a dozen hedge funds out of the $4.2 million invested in his Zealous Inc. That money was supposed to be used to create a new securities investment platform. But in September, Ault merged Zealous with Adult Entertainment Group, which issued a press release touting plans for a 140-acre East Coast establishment catering to the “fast-growing swingers lifestyle.” Ault now says that was “simply a joke.

Good Job Mr Ault, Leaving a Good Reputation behind .... what a Loser :)


$ZLUS = POS