An Atlanta lawyer who earlier this year surrendered his law license amid an investigation into possible financial misconduct has been arrested on charges of securities fraud and conspiracy to commit fraud.

Hendrickx Toussaint was arrested July 3 in DeKalb County, according to a news release from the Alabama Securities Commission. The arrest came more than five months after the Georgia Supreme Court accepted Toussaint’s voluntarily surrender of his law license.

According to a Jan. 21 court ruling, Toussaint once served as an escrow agent for companies seeking to acquire, rehabilitate and resell 36 residential properties. Between July 2009 and April 2010, he conducted more than 60 counter transactions from his trust account involving the funds and failed to keep complete records of the transactions. Though he had not been charged at the time of the court’s ruling, he was the subject of a federal criminal investigation, The Atlanta Journal-Constitution reported.

In the latest case, a Madison County, Ala., grand jury indictment alleges Toussaint and others fraudulently solicited investor funds to be used in a managed gold “buy-sell” program. Toussaint was not registered with the Alabama Securities Commission to legally conduct securities business in Alabama, according to the commission’s release.

Toussaint, who is being held in the DeKalb County jail in lieu of $60,000 bond, is awaiting extradition to Alabama, the commission said.

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