JULY 2014 SUNRAYS | 9
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SCTXCA.ORG
CA NEWS
Town Hall: Avoiding and
Recognizing Investment Fraud
Submitted by Jim Romine, Executive Director
Friday, September 5, 10 a.m., SCB
Representatives from federal and state law enforcement
agencies will speak to Sun City Texas residents on Friday,
September 5 about the warning signs of investment fraud
and what investors should do if they suspect they have been
defrauded. Ms. Sharon Pierce, Executive Assistant United
States Attorney of the Western District of Texas, Mr. Bob
Elder, Communications Coordinator & Investor Education
Specialist of the Texas State Securities Board, and Mr. Drew
Zimmerman, Attorney Adviser with the U.S. Securities and
Exchange Commission’s Office of Compliance Inspections
and Examinations, will highlight patterns of investor fraud
and various resources available for investor protection and
education. The presentation starts at 10 a.m. in the Social
Center Ballroom.
The presentation will explain how investors can defend them-
selves against promoters of fraudulent or inappropriate in-
vestments by being aware of the tactics they use, by carefully
checking all the investment material they provide, and by
investigating their credentials before committing any money
to the investment opportunity.
The speakers will also highlight specific types of risky invest-
ments the law enforcement agencies have recently investigated
or prosecuted, including various types of promissory notes
and high-yield offerings, oil and gas projects, life settlement
investments, and private offerings.
Rules Concerning
Open House Signs
Submitted by Chuck Graham,
Covenants Committee Chair
The purpose of this article is to remind residents that the Sun
City Texas governing documents specify the rules concern-
ing display of open house signs relating to houses for sale or
lease. These rules ensure that our community remains in
conformance with its overall orderly design. Basically, open
house signs are limited to one sign on the property open for
showing, and may be displayed only during hours of the open
house. Signs are not permitted along our streets or on our
common areas. The specific rules are in Paragraph X of the
Community Association Rules (pages 26-27). Property own-
ers are responsible for compliance and ensuring that realtors
involved in selling the property comply with the rules.
4th of july holiday
All CA offices and facilities will be closed on
Friday, July 4. Golf courses will be open.
