SEC halts Custable's Worldwide,
a Wolfson graduate
Securities and Exchange Commission
Tue 22 Jul 2003 Street Wire
by Brent Mudry
Frank Custable
1. This case concerns an
ongoing scheme to violate the registration, antifraud and reporting
provisions of the federal securities laws. Defendant Frank
J. Custable, Jr. ("Custable"), a recidivist securities
law violator, has orchestrated the multi-faceted scheme from its
inception in 2001 until the present. Custable's scheme has involved
the securities of at least seven small public companies and has
generated more than $4 million in ill-gotten gains.
To carry out his scheme, Custable has used Defendant Suburban Capital
Corporation ("Suburban Capital"), a company controlled
by Custable that purports to provide financing and consulting services
to small public companies, as well as Defendants Sara Wetzel ("Wetzel"),
and Francis Scott Widen ("Widen"), two individuals
who work for Custable at Suburban Capital.
http://www.sec.gov/litigation/complaints/comp18057.htm
The Company currently maintains offices at 1959 S. Power Rd, Bld
103, Ste 158, Mesa, Arizona 85206. The above office space is being
provided at no cost to the Company by Gino Carlucci, the Company's
current president. The Company has no formal lease agreement with Mr.
Carlucci and expects to acquire a lease or other office space upon acquiring
operations
This Settlement Agreement ( agreement is made and entered into between
SUBURBAN CAPITAL CORPORATION ( suburban , on the one hand, VECTOR
HOLDINGS CORPORATION ( Vector), DIVERSIFIED HOLDINGS X, INC.
( DHX and RICHARD SURBER ( Surber on the other hand. The above-named
parties are referred to collectively hereinafter as he Parties.
VECTOR HOLDINGS CORPORATION
By: _Gino Carlucci___________
Dated: _____________________
Its: President SUBURBAN
CAPITAL CORPORATION
By: _/s/ Frank Custable_______
Dated: _____________________
Its: President DIVERSIFIED
HOLDINGS X, INC.
By: __/s/ Richard Surber________
Dated: _____________________ Its: President
http://www.sec.gov/Archives/edgar/data/830664/000078873803000097/vectork.txt
http://www.stockpatrol.com/vector3.html
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=19120072
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