Nevada Secretary of State Ross Miller's Office Orders Henderson Firm to Cease Suspected Fraudulent Activities
Securities Division Wants to Hear From Possible Victims
(Carson City, NV – September 10, 2009) – Criminal Investigators with Secretary of State Ross Miller’s Las Vegas Securities Division have served a Cease and Desist Order on Scott R. Tischler, a managing member of Heritage Capital Partners Fund, LLC. Tischler is suspected of securities fraud, sale of unregistered securities, and sale of securities without a license in connection with selling investments in a gas and oil drilling project through another company, Heritage Oil and Gas, LLC. Both companies list a Green Valley Parkway address in Henderson.
Investigators say Tischler, and co-manager James P. McKeon, started advertising for investors on the Heritage Capital website as early as October of 2008. They offered portfolio management of a variety of investments, including equity investments in minerals, energy, precious metals, and real estate. Secretary Miller’s office would like to hear from anyone who might have invested with Tischler, McKeon, Heritage Oil and Gar or Heritage Capital Partners.
“It’s vital in cases like these that potential victims come forward,” said Secretary Miller. “We know this company is not licensed and the product they’re selling is not registered. That means other investors may be victims of a fraudulent scheme. In order to put guys like these out of business, we need people to come forward and share the information they have.”
Tischler allegedly accepted at least $60,000 in investor money for shares in a Wyoming oil and gas drilling project. He promised eventual returns of $300,000 a month if the investments continued. He also claimed to have diamond ventures in Africa. Anyone who may have given money to Tischler, McKeon, or their firms is asked to call Criminal Investigator John Arana at the Secretary of State’s Securities Division at 702-486-2440.