Violation Tracker Individual Record

Company: 
M.A.C Investments, Inc. et al.
Penalty: 
$9,566,872
Year: 
2005
Date: 
June 9, 2005
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

M.A.C. Investments, Inc., M.A.C. Investments Sales, Inc. (both Nevada and Arizona corporations) and three individuals plus their spouses were ordered to pay $9,516,872 in restitution and a $50,000 administrative penalty in an Order finding they fraudulently sold unregistered securities in the state without being registered as dealers.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arizona Corporation Commission
Civil or Criminal Case: 
civil
Facility State: 
Arizona
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.