Missouri News: Securities Division seeks restitution from previously-barred agent for soliciting $2M from investors



Jefferson City, MO — Missouri Secretary of State Jay Ashcroft’s Securities Division ordered Richard C. Renshaw and his companies Innovative Financial Solutions LLC and Alternative Portfolio Solutions to show cause why restitution, civil penalties and costs should not be imposed after allegedly violating the terms of a consent order with the division.

Renshaw allegedly solicited at least 20 investors, many of whom were elderly, to invest a total of $2,275,350 in Woodbridge Mortgage Investment Funds

Continue reading Missouri News: Securities Division seeks restitution from previously-barred agent for soliciting $2M from investors at STL.News.



Source link