Two Men Plead Guilty in Hamilton County Court to Securities Felonies

COLUMBUS, Ohio - The Ohio Department of Commerce Division of Securities announces that Bradley Konerman, 40, of Mason, and Adam Salon, 48, of Toledo, plead guilty today in a case in Hamilton County Common Pleas Court to one felony count each of the sale of an unregistered security.

Konerman was sentenced to 12 months in prison, suspended, pending the successful completion of one year of probation. Salon was sentenced to 18 months in prison, which was also suspended pending the successful completion of one year of probation. Both defendants were ordered to pay $70,000 for total restitution of $140,000 to the victim in this case.

Both men were previously indicted for allegedly conducting fraudulent securities transactions in Hamilton County.

The case is the result of a multi-year investigation led by the Division of Securities in partnership with the Ohio Attorney General's Bureau of Criminal Investigation. Deputy Attorney Inspector Harvey McCleskey led the investigation for the Division of Securities, meanwhile the prosecution is being led by Principle Assistant Attorney General Dan Kasaris and Assistant Attorney General Drew Wood.

"Today's pleas are another reminder of why the Division's work matters so deeply to Ohio investors. Each individual held accountable brings us one step closer to restoring trust, delivering justice, and securing financial recovery for victims through court-ordered restitution," said Ohio Securities Commissioner Andrea Seidt. "These cases are rarely simple, but our enforcement staff and prosecution partners continue to push forward with precision and determination. Their commitment ensures that no matter how complex the scheme, wrongdoers cannot outrun the truth."

How Investors Can Stay Safe

Before investing, the Division encourages potential investors to call its Investor Protection Hotline at 877-683-7841 to ask the following questions:

• Is the securities professional, platform, or firm properly licensed to do business in Ohio?
• Is the security being promoted by the firm, platform, or the professional registered for sale in Ohio?
• Are there any enforcement actions involving the firm, professional, platform, or securities product being promoted?

Investors are also encouraged to verify credentials and check for any disciplinary history by using FINRA's BrokerCheck and the SEC's Investment Adviser Public Disclosure website.

Ohioans with any questions or concerns about investments or financial advisors should contact the Division of Securities at 614-644-7381, [email protected], or by completing its online contact form here.

###

About the Division of Securities
The Division of Securities is part of the Ohio Department of Commerce. The department is Ohio's chief regulatory agency, focused on promoting prosperity and protecting what matters most to Ohioans. We ensure businesses follow the laws that help them create jobs and keep Ohioans safe. To learn more about what we do, visit our website at com.ohio.gov.