Violation Tracker Individual Record

Company: 
State Bonding dba State Bonding California
Penalty: 
$1,425,000
Year: 
2011
Date: 
July 1, 2011
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

State Bonding, the individual who was its sole proprietor, and their dba State Bonding California, were ordered to pay $10,000 in costs, a $10,000 civil penalty, and $1,405,000 restitution in an Order finding they fraudulently sold unregistered securities in the state without being registered as an agent.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Indiana Securities Division
Civil or Criminal Case: 
civil
Case ID: 
09-0261 SC
Facility State: 
Indiana
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.