458K

OVERSEEN LICENSEES

13%

LICENSE INCREASE IN 5 YRS

204

AVERAGE ACTIVE INVESTIGATIONS

5 DAYS

AVERAGE TO GET LICENSED

OFR Issues Second Administrative Complaint in Woodbridge Case

- Ongoing OFR investigation shows victims scammed for nearly $7 million -

Tallahassee, Fla. – The Florida Office of Financial Regulation today announced that an administrative complaint has been filed against seven firms and individuals, who offered and sold unregistered securities of Woodbridge Capital Investments, Inc., and other associated companies, to approximately 57 victims while not being registered as required by Chapter 517, Florida Statutes.

CFO Jimmy Patronis said, “Protecting Floridians from fraud and abuse is one of my top priorities, especially when it deals with our seniors. They have worked their entire life to build a nest egg and cannot afford to have it stolen by scam artists. Let me be clear: if you commit fraud in Florida you will be caught and you will be held accountable.”

Interim Commissioner Pamela Epting said, “Preying on our elderly population for financial gain is a heinous crime. The Florida Office of Financial Regulation is...