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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**

October 1 through October 31, 2000

ENFORCEMENT ADMINISTRATIVE ACTIONS

 

 

Order No.	Name/Entity	Date	Type of Order
00-338	Joseph White III 670 Hampton Woods Drive Marion, OH 43302	9/29/00	10-Day Suspension of Securities Salesperson License No. 2779627; Cease and Desist/Consent
00-339	Brent William Brown 1119 Mar Del Plata Street Jacksonville, FL 32256	10/2/00	Termination of Orders 00-207 and 00-309
00-340	Robert Mercado Jr. CRD No. 2051720 5102 Nisteria Drive Oceanside, CA 92056	10/2/00	Termination of Order 00-298
00-341	Ernest Julius Romer III CRD No. 2311741 49293 Deerfield Park Macomb Twp., MI 48044	10/3/00	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
00-342	John Basil Inferrera CRD No. 2277159 611 Elmwood Terrace Rochester, NY 14620	10/3/00	Termination of Order 00-313
00-343	Brad A. Polinko CRD No. 2178907 5282 Brandy Oaks Lane Columbus, OH 43220	10/4/00	Notice of Intent to Deny Application for Securities Salesman License and Notice of Intent to Issue Cease and Desist Order; Notice of Opportunity for Hearing
00-344	Ira Barry Berkowitz CRD No. 1551103 216-63 68th Avenue Bayside, NY 11364	10/4/00	Termination of Order 00-319
00-345	Jeffrey Atamanuk CRD No. 1747819 200 Rector Place #24N New York, NY 10280	10/4/00	Termination of Order 00-329
00-346	Robert Joseph Rosato CRD No. 1723366 7 Vauxhail Court Melville, NY 11747	10/4/00	Termination of Order 00-293
00-347	Gilbert Anthony Kuta CRD No. 1084075 One Hillsyde Court Cockeysville, MD 21030	10/4/00	Termination of Order 00-294
00-348	Todd Michael Niedermeyer CRD No. 1732585 90 San Carlos Sausalito, CA 94108	10/4/00	Termination of Order 00-289
00-349	Ronald Shane Flynn CRD No. 1809648 1235 South LaCienega Los Angeles, Ca 90035	10/4/00	Cease and Desist Order
00-350	Mark Vaiman 40 Exchange Place 19th Floor New York, NY 10005	10/5/00	Dismissal of Mark Vaiman from Order 00-213 without prejudice
00-351	Cyprus Funds, Inc.; and Eric V. Bartoli 9467 Coal Bank Road Marshallville, OH 44645	10/10/00	Notice of Opportunity for Hearing
00-352	Universal Electric Power Corp. 1145 Highbrook Street Akron, OH 44301	10/10/00	Cease and Desist Order with Consent Agreement
00-353	John R. Engle CRD No. 2211405 3012 Lantz Road Beavercreek, OH 45432	10/11/00	Notice of Intent to Revoke Ohio Securities Salesperson License; Notice of Opportunity for Hearing; (Order Amended 10/13/00)
00-354	Paul O’Connor 4181 New Market Road Hillsboro, OH 45133	10/11/00	Notice of Opportunity for Hearing
00-355	Delk & Associates CPA 6927 North Main Street Suite 202 Dayton, OH 45415	10/12/00	Termination of Order 00-283
00-356	Mahorney Retirement Specialists Inc. 4790 Red Bak Road Suite 216 Cincinnati, OH 45227	10/12/00	Termination of Order 00-277
00-357	John R. Engle CRD No. 2211405 3012 Lantz Road Beavercreek, OH 45432	10/13/00	Amended Notice of Intent to Revoke Ohio Securities Salesperson License; Notice of Opportunity for Hearing;
00-358	Gibralter Energy Company; and Richard H. Mason 200 North Washington El Dorado, AR 71730	10/13/00	Cease and Desist Order
00-359	Innovative Resource Management and Research Corp. 260 Northland Blvd. Suite 125B Cincinnati, OH 45243	10/13/00	Termination of Order 00-276
00-360	John R. Engle CRD No. 2211405 3012 Lantz Road Beavercreek, OH 45432	10/16/00	Termination of Order No. 00-326
00-361	Jeff Riggans 1225 Woodlawn Avenue #104A Cambridge, OH 43725	10/16/00	Notice of Opportunity for Hearing
00-362	John P. Guarnieri 280 North Park Avenue Warren, OH 44481	10/16/00	Notice of Opportunity for Hearing
00-363	Gregory Oliver CRD No. 2032856 1688 Wilderness Ridge Road Milford, OH 45150	10/16/00	Cease and Desist Order
00-364	Douglas R. Shisler 542 Gates Doylestown, OH 44230	10/16/00	Notice of Opportunity for Hearing
00-365	David Paul Ramseyer 122 West Main Street Smithville, OH 44677	10/16/00	Cease and Desist Order
00-366	Peter J. Esposito 33959 Shelly Avenue North Ridgeville, OH 44039	10/17/00	Notice of Opportunity for Hearing
00-367	Gary Nelson Burg 25660 Bagley Road Olmstead Falls, OH 44138	10/17/00	Notice of Opportunity for Hearing
00-368	Calhoon Financial Planning Inc. 6797 North High Street Suite 214 Worthington, OH 43085	10/17/00	Final Order to Deny Application for Investment Adviser License
00-369	Karl Henry Foster CRD No. 1516919 5568 Ryewyck Court Toledo, OH 43614	10/18/00	Notice of Opportunity for Hearing
00-370	Continental Capital Management Inc. 5580 Monroe Street Sylvania, OH 43560	10/18/00	Notice of Intent to Deny Application for Investment Adviser License; Notice of Opportunity for Hearing
00-371	Jeffrey Lynn Roberts 3513 North Drive Greenville, OH 45331	10/20/00	Cease and Desist Order
00-372	George Elmer Keffer 116 West Third Street Dover, OH 44622	10/20/00	Cease and Desist Order
00-373	Bruce Earl Gerhart 1733 Spring Village Lane Mansfield, OH 44906	10/20/00	Cease and Desist Order
00-374	Norman B. Reese 1478 Miamisburg-Centerville Road Building "A" Centerville, OH 45459	10/20/00	Notice of Opportunity for Hearing
00-375	Eugene Kelly Adams 4433 Yackey Drive N.W. Strasburg, OH 44680	10/20/00	Cease and Desist Order
00-376	Robert Lee Scott 950 Biddle Road Galion, OH 44833	10/20/00	Cease and Desist Order
00-377	Joseph Anthony Vargo 796 Charles Street Willowick, OH 44095	10/23/00	Cease and Desist Order
00-378	Steven Ira Root 225 East Wright Street Covington, OH 45318	10/23/00	Cease and Desist Order
00-379	Gary Wayne Ogle 2416 State Route 602 North Robinson, OH 44856	10/23/00	Cease and Desist Order
00-380	Charles William Hessey 1495 East Mansfield Street Bucyrus, OH 44820	10/23/00	Cease and Desist Order
00-381	Terrence A. Bentivegna 2121 39th Street N.W. Canton, OH 44709-2330	10/23/00	Cease and Desist Order
00-382	Michael Lane Painter CRD No. 1258461 6565 Rolling Glen Drive Huber Heights, OH 45424	10/23/00	Cease and Desist Order
00-383	James Philip Arndts CRD No. 1037280 860 Lincolnshire Drive Troy, OH 45373	10/23/00	Cease and Desist Order
00-384	Octave Joseph Francis III CRD No. 1590513 3501 Octavia Street New Orleans, LA 70125	10/25/00	Termination of Order 00-290
00-385	Lee Michael Shapiro CRD No. 2114901 27 Calumet Drive Dix Hills, NY 11746	10/25/00	Termination of Order 00-314
00-386	Ronald L. Wackler CRD No. 1560590 383 North Westin Road Troy, OH 45373	10/30/00	Cease and Desist Order
00-387	Golf Emporium Corp.; Frederick Tropeano; and Jim Russell 1 New York Plaza Suite 162 New York, NY 10004	10/30/00	Notice of Opportunity for Hearing
00-388	Pacific Foods Inc.; and Mark Marrone 5777 West Century Blvd. Suite 1650 Los Angeles, CA 90045	10/30/00	Notice of Opportunity for Hearing
00-389	James L. Binge 9943 Portage Street N.W. Canal Fulton, OH 44614	10/30/00	Notice of Opportunity for Hearing
00-390	Claude Edward Smith; and Spectrum Financial Services 1225 Home Road North Mansfield, OH 44906	10/31/00	Cease and Desist Order

 

Criminal Activity

James R. Chambers, of Altamonte Springs, pleaded guilty in U.S. District Court in Tampa on November 2, 2000, to one felony count in exchange for 16 remaining counts being dropped, his agreement to testify against the other elders, and restitution of $1.3 million. Chambers is a former elder of Greater Ministries International Church and was one of seven individuals indicted in March 1999 on charges involving conspiracy, fraud, and money laundering.

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