Securities Fraud Scam Nets 5-Year Term
Securities Fraud Scam Nets 5-Year Term
A Newbury Park man was sentenced to 5 years in federal prison for securities fraud. Rod Hommell, 59, was accused of stealing money from an elderly woman in his capacity as a financial advisor. Hommell pleaded guilty in May to selling fraudulent securities and theft from an elder. He was accused of pocketing more than $100,000.

This is not the first time Hommell has been accused of fraud. In December 2013, he was accused of using an elderly woman’s ATM card to withdraw cash. He also stole money from her over a four-year period, claiming to have put the money in non-existent investments. Hommell was ordered to pay restitution to the estates of both victims. He has also been permanently barred from working in the insurance industries.

Ventura securities fraud attorney

If you’ve been accused of securities fraud, investment fraud or other financial crimes involving an elder, your first response should be to hire an experienced criminal defense attorney like Robert Helfend.

Mr. Helfend has more than 30 years of experience exclusively in criminal defense, and has provided superior representation to thousands of Californians over the course of his career. He takes cases in Ventura County and throughout Southern California.

Mr. Helfend handles all cases personally. That means your case will get personal attention from a highly qualified attorney. When you’re accused of a work-related felony, your freedom is at stake. In addition, convictions can permanently impact your professional credentials and your ability to make a living following the completion of a sentence.

That’s a lot to risk on an inexperienced attorney. Rather than taking a gamble on an inexperienced or timid defense attorney who isn’t willing to fight for you, contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County securities fraud defense case.

Photo Credit: American Advisors Group, via

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