Paul Souder Pleads Guilty to Fraud Charges after Taking More Than $1 million from Investors

Paul Souder, of Harrisonburg, Virginia pled guilty to fraud charges in connection with the issuance of promissory notes that occurred between June 2007 and October 2013. Souder obtained money from at least 18 investors through the issuance of promissory notes. Sounder informed investors that he would utilize his personal trading strategy to invest the borrowed… Read more »

Michael DeRosa Barred from Securities Industry in Connection with Success Trade Note Sales

Michael Andrew DeRosa, an investment professional, has been permanently barred from the securities industry by the regulators for his alleged participation in the sale of promissory notes issued by Success Trade Securities. Michael DeRosa’s case is related to an earlier regulatory case currently pending against Success Trade Securities and its CEO, Fuad Ahmed, arising out of their alleged… Read more »