Scams & Frauds Exposed

Spam Free

Financial & Tax Fraud
Education Associates, Inc.

A Non-Profit Corporation

Quatloos! > Investment Fraud > FOREX Scams > FOREX Cases > Bryan Hawker


Release: 4767-03
For Release: March 27, 2003


CFTC Obtains Federal Court Order Freezing Assets of
Defendants Bryan Hawker and G, Hawker & Stone, LLC

WASHINGTON, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) announced today that a federal district court in Utah issued an order freezing the assets and preventing the destruction of the books and records of defendants Bryan Keith Hawker of Sandy, Utah, and G, Hawker & Stone, LLC, a Utah limited liability company that Hawker operated out of his home.

The order, entered on March 13, 2003, stems from a CFTC complaint filed the day before, on March 12, 2003, alleging that, since at least October 2002, the defendants fraudulently offered and sold foreign currency (FOREX) futures contracts to the retail public, and accepted approximately $311,000 from at least twelve persons.

Specifically, the complaint alleges that the defendants falsely claimed to have successful experience trading accounts they managed for customers and made statements minimizing the risks of FOREX trading when, in fact, the only trading in which defendants are known to have engaged resulted in losses. In addition, the complaint alleges that Hawker failed to disclose his criminal background to investors and prospective investors, including a February 2000 guilty plea to a third-degree felony count of attempted insurance fraud, and nine counts of state securities fraud that were pending since January 2002.

The CFTC complaint also charges that Hawker and G, Hawker & Stone did not use investor funds to trade foreign currencies; instead, they used most of the funds they accepted from investors for other purposes and have not accounted for those funds. On March 5, 2003, Hawker was arrested by state authorities and charged with five state law felonies arising from the same conduct charged by the CFTC.

The CFTC is seeking an injunction against each of the defendants, the repayment of ill-gotten gains, a refund of customer losses, and civil penalties against each defendant of not more than the higher of $120,000 or triple the monetary gain to the defendant for each violation of the Commodity Exchange Act or CFTC regulations.

Hearing on CFTC Motion for Preliminary Injunction Set for April 17th

The Honorable J. Thomas Greene of the United States District Court for the District of Utah has set a hearing for the CFTC’s motion for preliminary injunction for April 17, 2003, at 10:00 am.

The State of Utah, Department of Commerce, Division of Securities and the Utah Attorney General’s Office assisted the CFTC staff in this investigation. The following CFTC Division of Enforcement staff members are responsible for this case: Michael Tallarico, William P. Janulis, Vincent B. Johnson, Scott R. Williamson, and Rosemary Hollinger.

A copy of the CFTC complaint and restraining order may be obtained at

Have a question for Quatloos?


Securities Fraud  Stock and Bond Fraud, including Boiler Rooms / Pump and Dump Schemes, Mutual Fund & Hedge Fund Fraud, FOREX scams, plus Churning, Private Placements, Venture and Bridge Funding, IPOs, Viaticals Fraud, HYIP and Prime Bank scams, MTNs, Historical Notes, Recovery Schemes, etc.

Spam-Free Site

We do NOT spam. Various multi-level marketers & other criminals have recently sent out spam impersonating us, & having our return email address, so that people would complain about spam and cause us to be shut down (a/k/a "joe job"). These multi-level marketers and other criminals have engaged in this form of cyber-terrorism because our telling the truth about their fraudulent schemes was hurting their ability to sell to new victims. Fortunately, our ISP now recognizes that these fake spams are bogus and ignores them, and additionally we are duplicating this site on numerous other servers (including "hardened" servers as well as our own proprietary servers) so that we cannot be harmed by these multi-level marketers and other criminals. Death to Spammers!

Support Quatloos


© 2002- by Quatloosia Publishing LLC.. All rights reserved. No portion of this website may be reprinted in whole or in part without the express, written permission of Financial & Tax Fraud Associates, Inc. This site is Legal issues should be faxed to (877) 698-0678. Our attorneys are Grobaty & Pitet LLP ( and Riser Adkisson LLP (

Asset Protection Book Accounts Receivable Financing Equity Indexed Annuities Lost Eye Book Lost Eye Book

Equistrip - Business assets financing

Lost Eye

Website designed and maintained by John Barrick

www Quatloos!