NEWS RELEASE | FOR IMMEDIATE RELEASE | August 01, 2022
Bismarck ND – North Dakota Securities Commissioner Karen Tyler has ordered Michael Kuntz, a resident of Grand Forks, and three limited liability companies under his control to cease and desist from the alleged sale of unregistered promissory notes and to repay investor funds.
Between August 5, 2021 and December 30, 2021, National Sports Opportunity Partners LLC, ICON Investment Group, LLC, and Leftfield Development, LLC, allegedly sold unregistered promissory notes or other evidence of indebtedness in amounts totaling at least $1,955,000.
Bank records obtained by subpoena and other investigative records show Kuntz and his LLC entities sold promissory notes to Jamieson CAPEX Fund, LLC, Nova DC, LLC, Secure Income Fund, LLC, and Jamieson Natural Resources Fund, LLC., all private fund entities managed by Jeremy L. Carlson, who formerly operated a Fargo investment adviser firm, Jamieson Capital Financial, LLC.
The Securities Commissioner previously ordered the immediate suspension of the registration of Jamieson Capital Financial, LLC and ordered Carlson to cease and desist from numerous alleged violations of the North Dakota Securities Act.
For More Information Contact:
North Dakota Securities Department
Michael Daley, Attorney | 701-328-2910
mfdaley@nd.gov