Williams was transported to a jail facility in Palmdale, California pending extradition to Baldwin County, Alabama.

Williams’ arrest was made possible by members [...]]]>
MONTGOMERY- State authorities and officials of the Los Angeles County, California Sheriff’s Department announced the arrest of fugitive Deshaun Williams in Palmdale, California for alleged violations of securities law in Alabama.

Williams was transported to a jail facility in Palmdale, California pending extradition to Baldwin County, Alabama.

Williams’ arrest was made possible by members of the Los Angeles County, California Sheriff’s Department Major Crimes Bureau, and the U.S. Marshal’s Fugitive Task Force.

In December 2013, Williams was indicted by a Baldwin County, Alabama Grand Jury on one count each of Sale of Unregistered Securities and Sale of Securities by an Unregistered Agent.

Both charges are Class C felonies, punishable by one year and one day to 10 years’ imprisonment and not more than a $15,000 fine per charge, upon conviction.

Williams was also charged with one count of Fraud in Connection with the Sale of Securities, a Class B felony, punishable by two to 20 years’ incarceration and not more than a $30,000 fine per charge, upon conviction.

The ASC cautions potential investors to thoroughly scrutinize and research any investment opportunity or offer. Contact the ASC with inquiries concerning securities broker-dealers, agents, investment advisers, investment adviser representatives, financial planners, and registration status of securities or debt management programs, to report suspected fraud or to obtain consumer information.