{"id":2832,"date":"2016-02-01T00:00:00","date_gmt":"2016-02-01T05:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/dallas-stock-broker-gets-3-years-for-securities-fraud-scheme\/"},"modified":"2018-10-08T12:39:58","modified_gmt":"2018-10-08T16:39:58","slug":"dallas-stock-broker-gets-3-years-for-securities-fraud-scheme","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/dallas-stock-broker-gets-3-years-for-securities-fraud-scheme\/","title":{"rendered":"Dallas Stockbroker Wade Lawrence Gets 3 Years for Securities Fraud Scheme"},"content":{"rendered":"<\/p>\n

Dallas securities broker Wade Lawrence was given a three-year prison sentence January 20, 2015<\/a> by a Texas federal judge after pleading guilty to offering false investments that defrauded his friends and business associates out of more than $1.5 million for his own benefit.<\/p>\n

The federal court also ordered Lawrence, 43, to pay $1,542,966 in restitution and forfeit $126,074 in proceeds in light of his August admission to a single charge of securities fraud at the time the criminal indictment was filed.<\/p>\n

Beginning in January 2012 and continuing through September 2013, Lawrence engaged in a scheme to defraud to obtain funds from individuals, many of which had longstanding personal and business relationships and trusted him while he was working as a stockbroker at Southwest Securities, now part of Hilltop Securities Inc.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Dallas securities broker Wade Lawrence was given a three-year prison sentence January 20, 2015 by a Texas federal judge after pleading guilty to offering false investments that defrauded his friends and business associates out of more than $1.5 million for his own benefit. The federal court also ordered Lawrence, 43, to pay $1,542,966 in restitution […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[580],"tags":[],"class_list":["post-2832","post","type-post","status-publish","format-standard","hentry","category-stockbroker-misconduct"],"yoast_head":"\nDallas Stockbroker Wade Lawrence Gets 3 Years for Securities Fraud Scheme — Securities Arbitration Lawyers Blog — February 1, 2016<\/title>\n<meta name=\"description\" content=\"If you invested with Wade Lawrence and believe you have been the victim of stockbroker misconduct, contact Silver Law Group today to discuss your options\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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