Article: The apples and the tree.(Whispers)

The Texas Securities Board last week slapped an emergency cease-and-desist order against Aspen Explorations Inc., a Plano company that has ties to Arkansas. Its CEO is Greg Rand, whose pop is W.A. "Tony" Rand. About 20 years ago, Tony Rand was convicted of fraud and money laundering related to $17 million in financing he received to expand his North Little Rock theater chain.

The Texas Securities Board said it doesn't want Aspen selling securities because the company failed to mention several details to investors. Among the problems: Aspen raised more than $16 million between July 2006 and March 2007 from the sale of an oil and gas drilling program. But Aspen ...

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