UNITED STATES SECURITIES AND EXCHANGE COMMISSION

     LITIGATION RELEASE NO.  15789 / June 24, 1998

     SECURITIES AND EXCHANGE COMMISSION v. LENNOX INVESTMENT GROUP, LTD., ACTIVE
     INTERNATIONAL, INC., RANDALL W. LAW, JAMES F. WARDELL, MONICA M. ILES,
     FRANK L. PEITZ, AND DANIEL B. BENSON, 4:98CV536-Y, USDC, ND/TX  (Fort Worth
     Division)

          On June 22, 1998,  the United States District Court for the Northern
     District of  Texas granted the Commission s request for an order freezing
     the assets of Lennox Investment Group, Ltd. ( Lennox ), Active
     International, Inc. ( Active ), Randall W. Randall W. Law ( Law ), James F.
     Wardell ( Wardell ), Monica M. Iles ( Iles ), Frank L. Peitz ( Peitz ), and
     Daniel B. Benson ( Benson ), and relief defendants P.B.F. Capital Corp,
     Inc., Benson Financial, Inc., Robert Paladino, People s Residential
     Mortgage Corp., Benny Griffis, and L. E. Consultant Company. Additionally,
     the Court ordered all defendants to account for investor monies and to
     repatriate any funds not subject to the jurisdiction of the Court, and
     ordered the appointment of a receiver to take control of the assets of the
     defendants for the benefit of investors.

          According to the Commission s complaint,  Lennox, Active, Law,
     Wardell, Iles, Peitz and Benson raised approximately $11.1 million from
     more than 50 investors in at least 10 states through the fraudulent offer
     and sale of unregistered  prime bank  securities. Investors were told that
     their funds would be placed in an escrow account, with the investment
     principal guaranteed, and that their funds would be invested in a trading
     program where  investors could expect a yield of 122.5% per week for 40
     weeks during the 54 week term of the program. In fact, according to the
     complaint,  the trading program did not exist and these defendants, instead
     of investing the funds, stole the entire $11.1 million of investors  funds
     which were disbursed for the benefit of themselves and their designees,
     including the relief defendants. The complaint further requests an order
     permanently enjoining Lennox, Active, Law, Wardell, Iles, Peitz and Benson,
     an order requiring disgorgement of all wrongfully obtained profits, with
     prejudgment interest, and civil penalties against each defendant, as well
     as disgorgement with prejudgment interest against the relief defendants.

          The Commission s request for a preliminary injunction enjoining
     Lennox, Active, Law, Wardell, Iles, Peitz and Benson from future violations
     of 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities
     Exchange Act of 1934, and Rule 10b-5 thereunder, and Lennox, Law, Wardell
     and Iles from future violations of Section 5(a) and 5(c) of the Securities
     Act will be heard on July 2, 1998.








                              ======END OF PAGE 1======