Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Merchant Savings, LLC and Mastermind Web Development LLC
Penalty: $274,216
Year: 2022
Date: August 3, 2022
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Merchant Savings, LLC and Mastermind Web Development LLC agreed to pay $254,216 restitution and $20,000 restitution (plus $30,000 suspended) in settlement of allegations they misleadingly sold unregistered securities while not registered as an agent.
Level of Government: state
Action Type: agency action
Agency: Idaho Securities Bureau
Civil or Criminal Case: civil
Facility State: Idaho
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.