Mo. Agent Charged for Securities Fraud
Missouri Attorney General Jay Nixon has filed criminal charges alleging securities fraud against Springfield insurance agent George William “Bill” Hull.
The felony complaint, filed in Greene County Associate Circuit Court, charges Hull with two counts of selling unregistered securities and two counts of selling securities without being a registered agent.
According to the charging documents, Hull sold at least $100,000 in promissory notes to investors after promising them a rate of return of 12 percent on their investments. He surrendered to Greene County sheriff’s deputies after the charges were filed.
A preliminary hearing for Hull was scheduled for Jan. 27. A condition of Hull’s bond is that he not leave the state of Missouri; that he not sell insurance, securities or investments; and that he not provide individuals or business entities with investment advice.
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