| FOR IMMEDIATE RELEASE january 21, 1998 |
Contact: Bill
Teets at (614) 644-7187 |
SUMMARY OF RECENT ENFORCEMENT ACTIONS TAKEN
BY THE OHIO DEPARTMENT OF COMMERCE'S DIVISION OF SECURITIES
At the request of media representatives, the Ohio Department of Commerce’s Division of Securities releases a summary list of Division Orders and enforcement actions recently brought by the Division’s Enforcement Section.
Before reporting information based on this INFORMATION RELEASE, the Department suggests that reporters request additional detail as to the nature of the Division Order or enforcement action.
# # #
For more information, please contact Dennis Ginty at (614) 644-9564 or Bill Teets at (614) 644-7187.
**INFORMATION RELEASE**
December 11, 1997 through January 16, 1997
ENFORCEMENT ORDERS:
| FILE NO. | SUBJECT | TYPE OF ORDER | EFFECTIVE DATE |
| 97-149 Amended | Michael R. Kusserow 3220 Creston Court Dublin, OH 43017; and Larry L. Chapman 1103 Garden Road Columbus, OH 43224 |
Notice of Opportunity for Hearing | 12/12/97 |
| 97-421 | John Joseph Margiotta CRD Number 1742811 70 Riverside Drive New York, NY 10024 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/11/97 |
| 97-422 | Elliott Joel Smith CRD Number 427485 400 East 56th Street Apt. 19D New York, NY 10022 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/11/97 |
| 97-423 | Jack John Causa CRD Number 71835 528 Amherst Avenue Westlawn, PA 19609 |
Termination of Division Order No. 97-218 | 12/11/97 |
| 97-424 | Terry Wigton 656 Eleanora Drive Cuyahoga Falls, OH 44223 |
Notice of Opportunity for Hearing | 12/17/97 |
| 97-425 | Michael Anthony Taliercio CRD Number 2265767 8312 14th Avenue Brooklyn, NY 11228 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/19/97 |
| 97-426 | Cybernet Ventures, Inc. 1120 Lincoln Street Suite 1601 Denver, CO 80203-2141 |
Notice of Opportunity for Hearing | 12/22/97 |
| 97-427 | Capital Funding and
Financial Group, Inc. 10125 West 6th Avenue Suite 200 Lakewood, CO 80215; and Kidztime TV 12265 West Bayoud Ave. 3rd Floor Lakewood, CO 80228 |
Notice of Opportunity for Hearing | 12/22/97 |
| 97-428 | Coral Market Square
Limited Partnership Three Commerce Park Square Suite 235 Chagrin Blvd. Beachwood, OH 44122 |
Notice of Opportunity for Hearing | 12/23/97 |
| 97-429 | Michael R. Kusserow 3220 Creston Court Dublin, OH 43017; and Larry L. Chapman 1103 Garden Road Columbus, OH 43224 |
Cease and Desist Order with Consent Agreement | 12/23/97 |
| 97-430 | LaJolla Capital
Corporation B/D Number 24341 4475 Mission Blvd. Suite J San Diego, CA 92109 |
Refusal of Renewal of Securities Dealer License; Notice of Opportunity for Hearing | 12/23/97 |
| 97-431 | Steven Danieli CRD Number 1095496 2 Edgewood Terrace Montclair, NJ 07042 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/22/97 |
| 97-432 | Vladimir Shtutman CRD Number 1976254 1213 Avenue Z Brooklyn, NY 11235 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/31/97 |
| 97-433 | Lawrence William Daly CRD Number 60306 677 Savoy Court Walnut Creek, CA 94598 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/31/97 |
| 97-434 | Robert Keith Incaprera CRD Number 1064833 4608 Hessmer Avenue Metairie, LA 70002 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/31/97 |
| 97-435 | Mohamed Imran Hussain CRD Number 2287607 289 Mosel Avenue Staten Island, NY 10304 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 12/31/97 |
| 98-001 | Russell Warren Bauman CRD No. 15099 8076 River Bay Drive East Indianapolis, IN 46240 |
Final Order (granting a salesman license) |
1/5/98 |
| 98-002 | John Bernard Flanagan CRD Number 2138496 19 Watson Staten Island, NY 10314 |
Termination of Division Order No. 97-419 | 1/8/98 |
| 98-003 | Charles Calogero Locicero CRD Number 2544882 155 Hefferman Street Staten Island, NY 10312 |
Termination of Division Order No. 97-400 | 1/8/98 |
| 98-004 | John Joseph Margiotta CRD Number 1742811 70 Riverside Drive New York, NY 10024 |
Termination of Division Order No. 97-421 | 1/8/98 |
| 98-005 | Rajendra C. Joshi CRD Number 2799303 220 South Barrington Avenue #108 Brentwood, CA 90049 |
Termination of Division Order No. 97-408 | 1/8/98 |
| 98-006 | Frederick Feodorovitch
Ptucha CRD Number 368578 771 Hillmont Court Santa Rosa, CA 95409 |
Termination of Division Order No. 97-411 | 1/8/98 |
| 98-007 | Cygnet Securities, Inc. 171 Franklin Turnpike Waldwick, NJ 07463 |
Termination of Division Order No. 97-191 | 1/12/98 |
| 98-008 | Anthony Vincent Spilabotte CRD Number 2219465 3 Waverly Road Old Westbury, NY 11568 |
Termination of Division Order No. 96-420 | 1/9/98 |
| 98-009 | Leonard Daniel Segal CRD Number 417989 34 Bastian Drive Mt. Laurel, NJ 08054 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 1/9/98 |
| 98-010 | Paul Christopher Music 136 West Longview Avenue Columbus, OH 43202 |
Cease and Desist Order | 1/13/98 |
| 98-011 | Nicholas Philip Ruebel, II 7268 Hopewell Court Dublin, OH 43017 |
Cease and Desist Order | 1/13/98 |
| 98-012 | Marc Schuman Nemeth CRD Number 2573956 415 East 52nd Street New York, NY 10022 |
Termination of Division Order No. 97-384 | 1/12/98 |
| 98-013 | Christopher Robert
Esposito CRD Number 1933882 145 Townsend Farms Road Boxford, MA 01921 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 1/14/98 |
| 98-014 | Kirby Joseph Foray CRD Number 1042458 102 Meadow Point Road Point Pleasant, NJ 08742 |
Notice of Intent to Deny Application for Securities Salesman License; Notice of Opportunity for Hearing | 1/16/98 |
ENFORCEMENT ACTIVITY
Robert Deluna's trial scheduled for January 6, 1998, was rescheduled until February 9, 1998, by Franklin County Common Pleas Judge Travis, after Deluna did not appear. Deluna was scheduled to appear before Judge Travis on January 16, 1998, on charges filed against him by the State of California and on extradition to California. He failed to appear and a warrant was ordered to be issued for his arrest.
Deluna had been arrested by the Border Patrol in Texas in November 1997, on an outstanding warrant for an indictment in Ohio on securities violations, upon his reentry into the United States from Mexico. Deluna was extradited to Ohio was released in Franklin County in December 1997, after posting bonds on his Ohio and California charges.
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