Thursday, June 14, 2007

Securities Fraud

North Carolina Secretary of State Orders 3 Hebrew Boys and Capital Consortium Group to Stop Securities Sales North Carolina Secretary of State's Securities Division issued a Cease and Desist Order to 3 Hebrew Boys, L.L.C.; Capital Consortium Group, L.L.C.; Tony Pough; Tim McQueen; Joseph Brunson; and Howard Lee Lattimore. The four individuals were ordered to immediately stop offering for sale, soliciting offers to purchase, or selling securities of 3 Hebrew Boys, L.L.C. or of Capital Consortium Group, L.L.C. or any securities of any issuer in violation of provisions of the North Carolina Securities Act. The action is designed to protect investors, including members of the military who were specifically targeted, from sales seminars that promoted a scheme to pay off mortgages, automobile loans, credit card balances and other debts through foreign exchange transactions that promised extremely high rates of return.

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