U.S. Securities & Exchange Commission
SEC Seal
Home | Previous Page
U.S. Securities and Exchange Commission

Geoffrey A. Gish; Weston Rutledge Financial Services, Inc.; Zamindari Capital, LLC; Lexington International Fund, LLC a/k/a Lexington International Fund, Inc.; and Oxford Adams Capital, LLC

On May 17, 2006, the SEC obtained a temporary restraining order, asset freeze, and other relief against the above defendants in connection with an alleged Ponzi scheme.  The SEC alleged that from as early as February 2004 through May 2006, Geoffrey Gish and Weston Rutledge Financial Services fraudulently sold at least $15 million of securities to more than 100 investors located in several states.  According to the complaint, the investors invested the bulk of these funds in a prime bank scheme offered by Zamindari Capital that purportedly purchased “debt instruments” issued by major banks or corporations.  The SEC also claimed that some investors invested in two other programs offered by Gish:  Lexington International Fund, which purportedly traded foreign currency contracts through the Foreign Exchange Market, and Oxford Adams, which purportedly traded options. 

The SEC also alleged that Gish and Weston Rutledge Financial Services sent false account statements to customers, misrepresenting that their investments in Zamindari, Lexington and Oxford Adams had appreciated substantially.  In generating these account statements, the SEC claimed that Weston Rutledge employees, at the direction of Gish, fabricated the rates of return.  According to bank records the SEC has obtained to date, Gish fraudulently diverted at least $650,000 of investors’ funds to his personal bank account. 

For more information about the SEC’s action, you can read Litigation Release No. 19705 (May 19, 2006).

The Court also appointed Thomas S. Richey, Esq. as Receiver.  For the latest information about the Receivership, you can visit the Receiver’s website.


Modified: 07/14/2006