Texas State Securities Board: Austin Investment Adviser Revoked for Fraud
October 14, 2019
October 14, 2019
AUSTIN, Texas, Oct. 14 -- The Texas State Securities Board issued the following news release:
Texas Securities Commissioner Travis J. Iles revoked the registration of George A. "Gus" Marwieh, who fraudulently sold more than $5 million in pension-linked investments and real estate development notes to clients without disclosing his excessive commissions, misuse of client funds, and conflicts of interest.
Marwieh, the president of Marwieh Advisory Services LLC i . . .
Texas Securities Commissioner Travis J. Iles revoked the registration of George A. "Gus" Marwieh, who fraudulently sold more than $5 million in pension-linked investments and real estate development notes to clients without disclosing his excessive commissions, misuse of client funds, and conflicts of interest.
Marwieh, the president of Marwieh Advisory Services LLC i . . .