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Mo. Secretary of State Ashcroft: Securities Division Bars Fraudulent Adviser From Operating in Missouri, Secures Repayment for Investors
June 10, 2020
JEFFERSON CITY, Missouri, June 10 -- Missouri Secretary of State Jay R. Ashcroft issued the following news release:

Secretary of State Jay Ashcroft's Securities Division issued a consent order against Joseph Drake Ritchie and his company Drake Investment Options LLC after he defrauded investors.

From at least August 2017 to August 2019, Ritchie defrauded St. Louis area investors, as well as investors from Texas and Maryland. Ritchie, an Ellisville, Missouri, resident, . . .

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