Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 3:54 AM ET

Sponsor Check › Person

Paul C. Saunders

Named as an officer, director or promoter on SEC Form D filings · SC · Apr 8, 2010 → Oct 5, 2021

1deal (issuers)

$25.1Mreported sold

75investors

6Form D filings

2010–2021years on file

Follow this person Look further ↓PDF

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:21 AM ET · SEC enforcement last checked: not yet

The short version

Paul C. Saunders is listed as a director on 6 SEC Form D filings by 1 issuer between Apr 2010 and Oct 2021: FIRST RELIANCE BANCSHARES INC (Florence, SC — commercial banking — 2010–2021; $25.1M reported sold to 75 investors).

What this means One deal on file with the SEC. A Form D is the notice a company files after it starts selling a private investment — it is a notice, not an approval.

Listed alongside C. Dale Lusk (6 shared filings), Dale G. Porter (6 shared filings, management entity), F. R. Saunders, Jr. (6 shared filings), John M. Jebaily (6 shared filings), Jeffrey A. Paolucci (5 shared filings) and 12 others.

What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Paul. Each name links to their own page.

Public records searched: federal courts (CourtListener / RECAP), state securities regulators (AZ, CA, DE, TX, WA) — 2 court cases matching the name, 3 bankruptcy cases matching the name listed in Key records below. Not yet searched: SEC enforcement releases.

What this means 5 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

What the community is saying

Nothing found on Reddit, BiggerPockets or community forums for high-net-worth investors (searched Oct 24, 2026) — search queued; this line updates when it has run.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

2 cases: 1 closed (disposition not in docket feed), 1 judgment

Sovereign Ventures Inc. v. Paul Saunders closed

District Court, C.D. California · No. 2:12-cv-01761 · Filed Mar 1, 2012 · Closed Mar 7, 2012 · Nature of suit: Rent Lease & Ejectment · Cause: 28:1443(1) Notice of Removal - Rent, Lease & Ejectment

Role of Paul Saunders: Defendant · Outcome: Terminated 2012-03-07 — FJC Integrated Database disposition: Remanded to state court Docket on CourtListener ↗

same full name (a name found in 39 federal dockets); 3 people with this name in Form D filings; court in CA (not a filing state)

United States v. Paul Saunders, III judgment

District Court, C.D. California · No. 2:92-cv-21334 · Filed Sep 29, 1992 · Closed Apr 12, 1993 · Nature of suit: 153 Recovery of overpayments of vet benefits

Role of Paul Saunders, III: Defendant · Outcome: Terminated 1993-04-12 — FJC Integrated Database disposition: Judgment on default; judgment for plaintiff Docket on CourtListener ↗

same full name (a name found in 39 federal dockets); 3 people with this name in Form D filings; court in CA (not a filing state)

What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts; live RECAP re-check pending. State courts: not yet searched. PACER: not searched. · Last checked Oct 24, 2026, 2:21 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not yet searched. No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

Not yet searched

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — not yet searched.

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states: not yet searched.

No SEC search has run yet for this person.

3. Bankruptcies

3 cases: 3 closed (disposition not in docket feed)

Paul Saunders closed

United States Bankruptcy Court, C.D. California · No. 2:06-bk-16718 · Filed Dec 15, 2006 · Closed Jul 24, 2009

Role of Paul Saunders: Debtor · Outcome: Case closed 2009-07-24 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same full name (a name found in 39 federal dockets); 3 people with this name in Form D filings; court in CA (not a filing state)

Paul Saunders closed

United States Bankruptcy Court, D. New Hampshire · No. 05-15104 · Filed Oct 13, 2005 · Closed Mar 3, 2006

Role of Paul Saunders: Debtor · Outcome: Case closed 2006-03-03 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same full name (a name found in 39 federal dockets); 3 people with this name in Form D filings; court in NH (not a filing state)

Paul D. Saunders and Angela Renee Jenkins Saunders closed

United States Bankruptcy Court, D. South Carolina · No. 97-05344 · Filed Jun 25, 1997 · Closed Oct 23, 1997

Role of Paul D. Saunders and Angela Renee Jenkins Saunders: Debtor · Outcome: Case closed 1997-10-23 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗

same full name (a name found in 39 federal dockets); 3 people with this name in Form D filings; court in the person's filing state (SC); middle initial differs

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not yet searched. PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:21 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

4. Differences between public sources

Not made for individual people — comparisons cover issuers and sponsor groups

5. Money to insiders

5 of 5 offerings report sales commissions totalling $1,493,816; 0 report finder's fees; 0 report proceeds to related persons. (includes amounts the issuer reported as estimates)

Offering (latest filing)	Sales commissions	Finder's fees	To insiders	Paid to sell it	Source
Oct 5, 2021 D FIRST RELIANCE BANCSHARES INC File 021-415725	$125,000	$0	$0	Hovde Group, LLC BrokerCheck CRD 25425 ↗	EDGAR ↗
Jun 12, 2020 D FIRST RELIANCE BANCSHARES INC File 021-368867	$82,500	$0	$0	Hovde Group, LLC BrokerCheck CRD 25425 ↗	EDGAR ↗
Oct 2, 2017 D FIRST RELIANCE BANCSHARES INC File 021-295765	$1,066,316	$0	$0	Hovde Group, LLC BrokerCheck CRD 25425 ↗	EDGAR ↗
Aug 9, 2016 D FIRST RELIANCE BANCSHARES INC File 021-268597	$100,000	$0	$0	FIG Partners BrokerCheck CRD 41554 ↗	EDGAR ↗
Apr 9, 2010 D/A FIRST RELIANCE BANCSHARES INC File 021-70291	$120,000 (est.)	$0	$0	Compass Point Research and Trading, LLC BrokerCheck CRD 126258 ↗	EDGAR ↗

How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across every filing this person is listed on (latest filing per offering, per issuer).

Deals 1

Every issuer that named Paul C. Saunders on a Form D, newest first. A Form D is the notice a company files after it starts selling a private investment.

Commercial Banking

FIRST RELIANCE BANCSHARES INC

Florence, SC · Apr 8, 2010 → Oct 5, 2021 · 6 filings

Oct 5, 2021 · D · $10,000,000 sold of $10,000,000 · 11 investors · min. $250,000 · role: Director EDGAR ↗
Jun 12, 2020 · D · $5,500,000 sold of $5,500,000 · 8 investors · min. $250,000 · role: Director EDGAR ↗
Oct 2, 2017 · D · $25,100,000 sold of $25,100,000 · 17 investors · min. $38,160 · role: Director EDGAR ↗
Aug 9, 2016 · D · $5,000,000 sold of $5,000,000 · 8 investors · min. $250,000 · role: Director EDGAR ↗
Apr 9, 2010 · D/A · $3,823,652 sold of $15,000,003 · 75 investors · min. No minimum reported · role: Director EDGAR ↗
Apr 8, 2010 · D · $3,823,652 sold of $15,000,003 · 75 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $25.1M from 75 investors (100% of the $10M target) as of the latest filing. Paul is listed as director on 6 filings for this deal.

Latest filing on EDGAR ↗

Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Commercial Banking / 506(b) (624 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Other pages with the same name (2)

Separate person records under the same name, not combined with this page. Each line says whether it shares an issuer with this record.

Paul H Saunders — Virgin Islands, U.S. (as filed: VI), VA, 38 issuers, Mar 16, 2009 → Jan 13, 2012 · no shared issuer
Paul Saunders — CO, 1 issuer, Jan 15, 2014 → Jan 15, 2014 · no shared issuer

People around Paul 17

Officers, directors, promoters and management entities named on the same filings, as of Oct 23, 2026, 5:45 PM ET.

Management entity