Emergency Action Filed Against Dallas-Area Investment Promoter

August 15, 2016

Texas Securities Commissioner John Morgan entered an Emergency Cease and Desist Order on Aug. 15 that requires Bobby Eugene Guess, an unregistered investment promoter, to stop engaging in fraud in marketing promissory notes tied to a wide array of businesses.

The emergency order cites Guess’ failure to disclose to potential investors that Collin County State District Judge Mark J. Rusch issued a search warrant Aug. 4 authorizing the seizure of the business records of Texas First Financial LLC in Frisco.

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