Mobile, Alabama Man Arrested For Alleged Securities Violations

Home » Blog » Mobile, Alabama Man Arrested For Alleged Securities Violations

Mobile, Alabama Man Arrested For Alleged Securities Violations

Richard James Tucker of Mobile, Alabama was arrested last week by Baldwin County, Alabama Sheriff’s Department deputies for alleged violations of the Alabama Securities Act. The arrest was subsequent to a June 2015 Baldwin County Grand Jury Indictment charging Tucker with three counts of Fraud in Connection with the Sale of Securities, including one count for each of the following: Conspiracy to Commit Securities Fraud; Employing a Device, Scheme or Artifice to Defraud; and Misrepresentation/Omitting to State a Material Fact. The charges are Class B felonies, punishable from two to twenty years in prison and up to a $30,000 fine per charge upon conviction. His bond was placed at $175,000.

If you or someone you know has lost money as a result of an investment or Ponzi scheme, please contact Richard Frankowski at 888-741-7503 to discuss your potential legal remedies or complete the contact form.

Free Case Evaluation

Call 888-741-7503 now or fill out the form above
to receive a free confidential consultation.
disclaimer
disclaimer-mob
TEXT US888.741.7503