Area man found guilty in promissory note scheme

Palm Harbor resident James Hosner has been convicted in the $48,500 securities scam.

  • By Business Observer Staff
  • | 9:51 a.m. February 12, 2020
  • | 0 Free Articles Remaining!
Palm Harbor resident James Hosner has been convicted in a $48,500 promissory note scheme. Courtesy photo.
Palm Harbor resident James Hosner has been convicted in a $48,500 promissory note scheme. Courtesy photo.
  • Tampa Bay-Lakeland
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James Hosner, a resident of Palm Harbor, has been found guilty of securities fraud, selling unregistered securities, selling securities as an unregistered person and communications fraud related to his role in a promissory note scheme that targeted an elderly victim.

A Pinellas County jury convicted Hosner, who perpetuated the scheme via his company, St. Petersburg-based Phoenix Insurance Services Inc., authorities contended. 

 

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