Investment Advisory Services
Life Style Protectors and Advisors, LLCFind BBB Accredited Businesses in Investment Advisory Services.
Information and Alerts
Alert Details
This business has 1 alert.
Alert
On February 3, 2014, Eddie Lacy Stivers III was sentenced to 85 years in state prison for engaging in the fraudulent sale of stock and promissory notes. After his indictment in 2012, Eddie Lacy Stivers III continued to sell fraudulent promissory notes through the business Life Style Protectors and Advisors, LLC. According to an Affidavit for Evidentiary Search Warrant issued in Tarrant County, Stivers didn’t disclose to investors in Life Style Protectors that he had been indicted in Hood County. Stivers also didn’t tell investors he had used their money to pay some of his and his wife’s personal expenses. He also made payments to his criminal defense lawyer with investors’ money. Stivers sold investment contracts that supposedly would have given investors shares in Patriot Holding and Patriot Insurance and allowed them to participate in the profits of any affiliate company of Patriot Holding.
Important Information
Reason for Rating - Not Rated
BBB does not have sufficient information to issue a rating on this business.
Service Area
- 76116
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