Commerce News Release
News Releases
Home

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**

 

April 1 through April 30, 2001

 

ENFORCEMENT ADMINISTRATIVE ACTIONS

 

 

Order No.	Name of Entity	Date	Type of Order
01-104	David Michael Levy CRD No. 2255938 8 Tony Drive Kings Park, NY  11754	4/3/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-105	Mark David Leavitt CRD No. 1287552 1316 North Claridge Way Carmel, IN  46032	4/3/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-106	Anthony John Orlando Jr. CRD No. 2497838 400 East 54th Street #24B New York, NY  10022	4/4/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-107	Quickstart Technologies Inc. 16271 Laguna Canyon Road Irvine, CA  92618	4/4/01	Cease and Desist/Consent
01-108	Stephen Christopher North CRD No. 2089713 4650 Medina Lake Drive Medina, MN  55340	4/4/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-109	Evan Lewis Kay CRD No. 2459633 300 East 64th Street Apt. #24C New York, NY  10021	4/4/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-110	Clifford Frederick Mastricola CRD No. 1544640 4667 Vireda Luz Del Sol San Diego, CA  93130	4/4/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-111	Paul Melvin Presthus CRD No.1495482 7104 Lanham Lane Edina, MN  55439	4/4/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-112	Great Start Limited 199 East Alex-Bell Road, #131 Dayton, OH  45459; Richard P. Dresner 1940 West Dublin-Granville Road Worthington, OH  43085; Andrew F. Davis 1970 Kresswood Circle Kettering, OH  45429; and Hubert W. Patterson 8020 Woods Lane Columbus, OH  43235	4/5/01	Notice of Opportunity for Hearing
01-113	Atlantic Advisors Inc. Ohio Investment Adviser License No. 4829; Craig Allen Herl Ohio Investment Adviser Representative License No. 5950 4517 Rangeline Road West Milton, OH  45383; and Mark William May Ohio Investment Adviser Representative License No. 6458 380 Fairground Road Xenia, OH  45385	4/10/01	Final Order Revoking Ohio Investment Adviser License 4829, Ohio Investment Adviser Representative License 5950 and Ohio Investment Adviser Representative License 6458.  Order amended 4/12/01
01-114	Edge Business Services Inc.; and Wayne Richardson 8383 Wilshire Blvd. Suite 1024 Beverly Hills, CA  90211	4/10/01	Notice of Opportunity for Hearing
01-115	Lifeblood Biomedical Inc.; and W. Jefferey Mann 101 Southhall Lane Suite 400 Maitland, FL  32751	4/10/01	Notice of Opportunity for Hearing
01-116	Canko Environmental Technologies Inc.; and Heinz Lueders #206, 10458 Mayfield Road Edmonton, Alberta, Canada T5P 4P4 and #208, 17872-106 Avenue Edmonton, Alberta, Canada T5S 1V4	4/10/01	Notice of Opportunity for Hearing
01-117	Brad A. Polinko CRD No. 2178907 5282 Brandy Oaks Lane Columbus, OH  43220	4/12/01	Final Order to Deny Application for Securities Salesperson License, and to Cease and Desist
01-118	Stephen Greg Donahue CRD No. 69862 6006 Gaines Road Cincinnati, OH  45247	4/12/01	Revocation of Ohio Securities Salesperson License
01-119	Donahue Securities Inc. CRD No. 24330 105 East 4th Street Suite 800 Cincinnati, OH  45202	4/12/01	Revocation of Ohio Securities Dealer License No. 79817
01-120	Vincent James Albanese CRD No. 1998991 2 British Colony Road Fort Salonga, NY  11758	4/18/01	Termination of Order 01-087
01-121	Henry Corrao CRD No. 1455690 2505 Osage Place Seaford, NY  11783	4/18/01	Termination of Order 01-061
01-122	Steven Joseph Ingrassia CRD No. 2319180 9 Summerfield Circle Central Islip, NY  11722	4/18/01	Termination of Order 01-086
01-123	Michael Anthony Boston CRD No. 2479082 105-63 134th Street South Richmondhill, NY  11419	4/18/01	Termination of Order 01-058
01-124	Curt Kramer CRD No. 2959388 22 West 15th Street New York, NY  10011	4/18/01	Termination of Order 01-083
01-125	Bernard J. Vitangeli CRD No. 2326832 3272 Cornwall Drive N.W. Canton, OH  44708	4/18/01	Notice of Intent to Deny Application for Securities Salesperson License; Notice of Opportunity for Hearing
01-126	3Rivers Resort Ltd.; 3Rivers-Resort.com; and Edwin Adiotomre 627 Islington Toledo, OH  43610	4/20/01	Cease and Desist
01-127	Jerry Lee Getter 6257 Wengerlawn Road Brookville, OH  45309	4/20/01	Notice of Opportunity for Hearing
01-128	Paul Melvin Presthus CRD No. 1495482 7104 Lanham Lane Edina, MN  55439	4/23/01	Termination of Order 01-111
01-129	Thomas Joseph Heaphy Jr. CRD No. 2540325 21 Edwin Avenue Patchouge, NY  11772	4/23/01	Termination of Order 01-084
01-130	Joseph Marc Liner CRD No. 4237535 3106 Hatton Road Baltimore, MD  21208	4/23/01	Termination of Order 01-060
01-131	Anthony J. Orlando CRD No. 2497838 400 East 54th Street, #24B New York, NY  10022	4/23/01	Termination of Order 01-106
01-132	Tee to Green Golf Parks Inc.; and Steven D. Blumhagen 5321 Tonawanda Creek Road North North Tonawanda, NY  14120	4/24/01	Cease and Desist
01-133	Ameritech Petroleum Inc.; and Brent Wagman 16901 Dallas Parkway Suite 111 Dallas, TX  75248	4/27/01	Notice of Opportunity for Hearing Order amended 5/1/01

 

Criminal Activity

 

On April 16, 2001, Andrew Bodnar plead guilty in U.S. District Court in Cleveland to three counts of fraud in connection with a scheme that raised more than $41 million through the sale of promissory notes and other investments to hundreds of investors.  Bodnar will be sentenced on July 16, 2001.

 

On April 16, 2001, Jeffrey A. Parker and Frank Greulich were each sentenced to 30 months in prison in U.S. District Court in Cleveland.  Parker, Greulich, and Anthony P. Perry all plead guilty to one count each of conspiracy, securities fraud, and mail fraud on January 25, 2000, and agreed to cooperate with the U.S. Attorney’s investigation of other parties involved in a $41 million ponzi scheme run by Andrew P. Bodnar from 1994 to 1998.  Perry’s sentencing has been postponed.

 

Thomas E. Freeman was indicted by a Montgomery County grand jury on April 30, 2001.  Freeman was indicted on one count of theft, one count of securities fraud, one count of making misrepresentations in the sale of securities, and five counts of making misrepresentations in a written statement.  Freeman allegedly sold shares in a non-existent mutual fund to an Ohio resident, converted the funds for his own use, and sent false statements to the investor containing investment and dividend information.

 

#          #          #

 

[Commerce Home Page] [Commerce News Releases]
[State of Ohio Front Page]

Send mail to webadmin@com.state.oh.us with questions or comments about this web site.
Information believed accurate but not guaranteed.  The State of Ohio disclaims liability for any errors or omissions.