Bradley Holcom Indicted in $50 Million Securities Offering l Securities Attorney 101

Securities Fraud l Securities Lawyer 101 l SEC Defense & Investigations

Securities Lawyer 101 Blog

On May 15, 2013, the U.S. District Court for the Southern District of California charged Bradley Holcom with eight counts of mail fraud, four counts of wire fraud, and one count of securities fraud in connection with a $50 million securities offering he conducted between 2004 and 2010, to 150 investors.

The indictment alleges that Holcom solicited investors to invest in promissory notes with rights of foreclosure for the development land. In connection with the securities offering, Holcom allegedly told investors they would receive a first lien on the development land which would enable them to foreclose on the property if he was unable to repay the notes.

According to the indictment, Holcom allegedly did not provide investors with a lien on the development land and instead conveyed a lesser interest which would not allow them to foreclose upon default.

The indictment also alleges that Holcom promised investors that their promised lien would be in first position, despite his knowledge that the development land was already encumbered by first position liens.

According to the indictment, Holcom also allegedly sold properties that were supposedly serving as the security for investors without informing investors that the property they had financed for development had been sold.

The indictment alleges that by approximately 2008, Holcom’s financial condition had seriously deteriorated and despite this, he continued to raise investor funds by making making misrepresentations about his true financial condition and the manner in which he was spending investor money.

The maximum penalty for each wire fraud and mail fraud count is 20 years in prison. The count of securities fraud carries a maximum penalty of 25 years in prison.

For further information about this securities law blog post, please contact Brenda Hamilton, Securities Attorney at 101 Plaza Real S, Suite 202 N, Boca Raton, Florida, (561) 416-8956, by email at [email protected] or visit   This securities law blog post is provided as a general informational service to clients and friends of Hamilton & Associates Law Group and should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. For more information about going public and the rules and regulations affecting the use of Rule 144, Form 8K, crowdfunding, FINRA Rule 6490, Rule 506 private placement offerings and memorandums, Regulation A, Rule 504 offerings, SEC reporting requirements, SEC registration statements on Form S-1 , IPO’s, OTC Pink Sheet listings, Form 10 OTCBB and OTC Markets disclosure requirements, DTC Chills, Global Locks, reverse mergers, public shells, direct public offerings and direct public offerings please contact Hamilton and Associates at (561) 416-8956 or [email protected]. Please note that the prior results discussed herein do not guarantee similar outcomes.

Hamilton & Associates | Securities Lawyers
Brenda Hamilton, Securities Attorney
101 Plaza Real South, Suite 202 North
Boca Raton, Florida 33432
Telephone: (561) 416-8956
Facsimile: (561) 416-2855