WA DFI Securities Enforcement

Z Grills, Inc. Consent Order under Securities Act

The Washington State Department of Financial Institutions Securities Division has issued a Consent Order against Z Grills, Inc. for alleged violations of the Securities Act of Washington. Z Grills offered and sold over $140,000 in securities through its Reward Crowdfunding Program to over 180 Washington investors without proper registration or disclosure.

CPG Management Co. LLC and Christopher Scott Reid - Consent Order

The Washington State Department of Financial Institutions issued a consent order against CPG Management Co. LLC and Christopher Scott Reid for alleged violations of the Securities Act of Washington. The order settles alleged misconduct related to investment advisory services and private investment funds.

Wunderpetz LLC Consent Order - Unregistered Franchises

The Washington State Department of Financial Institutions entered a Consent Order against Wunderpetz, LLC for offering unregistered franchises. The company was ordered to pay $500 in investigative costs and cease and desist from further violations.

Washington State DFI Final Order against Isaac Mayanja & Associates

The Washington State Department of Financial Institutions entered a Final Order against Isaac Mayanja & Associates and Isaac Nsejjere Mayanja, revoking their registration and imposing a $62,000 fine. The order stems from false filings, failure to disclose, and impeding an examination.

Washington State DFI v. Anguluri, Innovative Investing Group - Statement of Charges

The Washington State Department of Financial Institutions Division of Securities issued a Statement of Charges against Prasad Anguluri and Innovative Investing Group Inc. for operating an unregistered investment adviser business and misleading investigators, seeking fines, disgorgement, and a cease and desist order.

Peterson Wealth Management LLC and Bryce Peterson - Consent Order

The Washington State Department of Financial Institutions entered a Consent Order against Peterson Wealth Management LLC and Bryce Peterson for violating the Securities Act by acting as unregistered investment advisers and exceeding de minimis clientele limits. The order includes a $15,000 fine, disgorgement, and investigative costs.

Washington State DFI v. iCap Enterprises - Securities Fraud

The Washington State Department of Financial Institutions has issued a Statement of Charges against iCap Enterprises, Inc., Chris Christensen, Jim Christensen, and 10 other related parties for alleged securities fraud. The action seeks to impose fines, costs, and cease and desist orders for operating a Ponzi scheme that defrauded over 1,800 investors out of at least $250 million.