nd.gov - The Official Portal for North Dakota State Government
North Dakota: Legendary. Follow the trail of legends
ND Securities Department
600 East Boulevard Avenue
State Capitol, 5th Floor
Bismarck, ND 58505-0510
Phone: (701)-328-2910
Toll Free: (800)-297-5124
Fax: (701)-328-2946
Grafton Office
701 W 6th Street, #312
Grafton, ND 58237
Phone: 701-352-4592

News

Recent News

Event: Investment Fraud Seminars to Be Held in 6 Cities

Fraud with magnifying glass

Do you know the warning signs of investment fraud? Have transactions occurred in your investment account that you did not authorize? Did you know that Ponzi schemes continue to be one of the top frauds perpetrated against...

Former Fargo Broker Sentenced In Operation of Ponzi Scheme

Robert H. Medhus, a former securities broker who defrauded 18 clients of over $900,000 in a Ponzi-like scheme was sentenced to ten years in prison by Judge Frank Racek today in Fargo’s East Central District Court.

IT PAYS TO UNDERSTAND THE DIFFERENT ROLES OF FINANCIAL PROFESSIONALS

Bismarck, ND  –  In recognition of Financial Literacy Month, the North Dakota Securities Department today reminded investors of the importance of understanding the distinctions between the various types of financial...

SCOTT BIGGS, A FORMER DICKINSON INSURANCE AGENT CONVICTED AND SENTENCED

Bismarck, ND -- Scott L Biggs, a former Dickinson insurance agent, has been convicted on 5 counts of theft of property.

NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION (NASAA) ISSUES INVESTOR ADVISORY ON PRIVATE PLACEMENT OFFERINGS

Lifting the Advertising Ban Will Expose Investors to Greater Risk of Fraud

It was everything I had

Fargo Forum, March 18, 2013

Two alleged victims of West Fargo broker speak out

FARGO – In the grand scheme of things, losing an entire retirement nest egg might not be as bad as losing one’s husband.

SECURITIES COMMISSIONER ORDERS "PROFITABLE SUNRISE" TO CEASE AND DESIST FROM SELLING SECURITIES IN NORTH DAKOTA

Karen Tyler, North Dakota Securities Commissioner, ordered "Profitable Sunrise" and its operators, Roman Novak and Radoslav Novak, today to cease and desist from selling unregistered investment contracts or other...

Former North Dakota stockbroker gets 2 years in prison

March 14, 2013 10:57 am  • 

FORMER BROKER CHARGED WITH THEFT AND SECURITIES FRAUD

Bismarck, ND - Robert H. Medhus, a former securities broker, has been criminally charged with securities fraud, the sale of unregistered securities, and theft of property.

Subscribe to