{"id":59482,"date":"2015-04-25T08:00:36","date_gmt":"2015-04-25T12:00:36","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=59482"},"modified":"2015-04-24T16:40:02","modified_gmt":"2015-04-24T20:40:02","slug":"phony-financial-adviser-in-killeen","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=59482","title":{"rendered":"Phony financial adviser in Killeen"},"content":{"rendered":"

The Securities and Exchange Commission<\/a> warns folks in the Killeen\/Fort Hood area that there is a thief at work there under the guise of a financial adviser. He goes by the name of Leroy Brown, Junior and according to the article, he a former soldier;<\/p>\n

[T]he latest pretend adviser to emerge, Leroy Brown Jr., may win a grand prize for lying, in large part because of his focus on members of the military.<\/p>\n

According to a complaint filed by the Securities and Exchange Commission this month, Mr. Brown, who resides in Killeen, Texas, home to the giant Fort Hood military installation, since January 2014 has been soliciting current and former members of the U.S. armed forces to invest their money with him and his company, LB Stocks and Trades Advice. He is a veteran and was in the Army for 12 years, from 2001 to July 2013, according to the SEC.<\/p><\/blockquote>\n

According to the article, Brown isn’t registered with the National Association of Security Dealers<\/a> or the Financial Industry Regulatory Authority<\/a>. His companies, LB Securities and LB Capital Management are frauds, too. Apparently, he offers “memberships” to his companies and then deposits your checks into his checking account. In order to sell things on a military post, sales people must be registered with the local command and they should have a piece of paper to prove it, if asked.<\/p>\n

Aside from the immediate danger of losing a few hundreds bucks to this fraud, he’ll also make young soldiers suspicious of all investment advisers. That’s especially important now that Congress wants to change the retirement system and personal savings becomes more important to careerists since the pensions won’t be there. <\/p>\n

I’ve been reading about this guy for a few weeks now – I don’t know why they haven’t busted him yet<\/p>\n","protected":false},"excerpt":{"rendered":"

The Securities and Exchange Commission warns folks in the Killeen\/Fort Hood area that there is a … Phony financial adviser in Killeen<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185],"tags":[],"class_list":["post-59482","post","type-post","status-publish","format-standard","hentry","category-crime"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/59482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59482"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/59482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}