Violation Tracker Individual Record

Company: 
New Century Investments, LLC
Penalty: 
$565,000
Year: 
2008
Date: 
November 24, 2008
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

New Century Investments and one individual agreed to pay $560,000 in restitution and $15,000 ($10,000 suspended) to the Investor Education and Protection Fund in settlement of allegations they deceptively sold unregistered securities in the state and misrepresented the value of the investments when in fact they had been lost.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Missouri Secretary of State-Securities
Civil or Criminal Case: 
civil
Facility State: 
Missouri
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.