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DESIST AND REFRAIN ORDER
State of California - Department of Corporations
STATE OF CALIFORNIA
BUSINESS, TRANSPORTATION AND HOUSING AGENCY
DEPARTMENT OF CORPORATIONS
TO: Jeff Lowrance
Mentor Investing Group, Inc.
www.mentorinvestinginc.com
501 W. Broadway
Plaza “A” - #403
San Diego, CA 92101
DESIST AND REFRAIN ORDER
(For violations of section 29520 of the Corporations Code)
The California Corporations Commissioner finds that:
1. At all relevant times, Mentor Investing Group, Inc. (“Mentor Investing”) conducted
business at 501 W. Broadway, Plaza “A” - #403, San Diego, CA 92101. Jeff Lowrance
(“Lowrance”) was a purported principal of Mentor Investing.
2. Beginning in at least March 2006, and continuing thereafter, Mentor Investing and Lowrance, through its Internet site www.mentorinvestinginc.com, sold or purchased, or offered to sell or purchase commodities under commodities contracts, or offered to enter into, or entered into, as sellers or purchasers any commodity contracts in the state of California.
3. The commodity contracts Mentor Investing, Lowrance and www.mentorinvestinginc.com offered and sold, or offered to enter into or entered into as sellers or purchasers on behalf of investors, were primarily for speculative and investment purposes, in that, the contracts were purchased, sold, and entered into based on quoted price changes and fluctuations in particular currencies, rather than as a means of acquiring the physical commodities.
4. The foreign currencies purchased or sold, or offered to be purchased or sold under commodity contracts were commodities within the meaning of section 29504 of the California Commodity Law of 1990.
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DESIST AND REFRAIN ORDER
State of California - Department of Corporations
Based upon the foregoing findings, the California Corporations Commissioner is of the
opinion that Mentor Investing, Lowrance and www.mentorinvestinginc.com purchased, or offered to sell or purchase commodities under commodities contracts, or offered to enter into, or entered into, as sellers or purchasers any commodity contracts.
Pursuant to Section 29542 of the California Commodity Law of 1990, Mentor Investing
Group Inc., Jeff Lowrance and www.mentorinvestinginc.com are hereby ordered to desist and refrain from the further offer or sale of commodities, including but not limited to foreign currency contracts, or from the further offer to enter into, or from entering into, as sellers or purchasers, any commodity contracts, in the state of California, unless and until such activity is not in violation of Corporations
Code section 29520 of said law.
This Order is necessary, in the public interest, for the protection of investors and consistent
with the purposes, policies, and provisions of the California Commodity Law of 1990.
Dated: September 13, 2006
Los Angeles, California
PRESTON DuFAUCHARD
California Corporations Commissioner
By ____________________________
ALAN S. WEINGER
Supervising Attorney
Enforcement Division
Dear, Jeff Lowrance. You are a liar.
15 years ago