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Texas State Securities Board: Philly Special - Austin Investors' Funds Flowing to Besieged Pennsylvania Loan Company
February 27, 2020
AUSTIN, Texas, Feb. 27 -- The Texas State Securities Board issued the following news release:

Texas Securities Commissioner Travis J. Iles on Feb. 25 ordered Austin insurance agent Gary N. Beasley to stop offering promissory notes tied to a Philadelphia, Pa. company that has been sanctioned by two states and sued for predatory lending to small businesses.

According to the Emergency Cease and Desist Order, Beasley, a former Austin investment adviser and currently license . . .

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