Fuel Co. Trustee Accuses Ex-Owners Of $100M Buyout Fraud
By Chart Riggall ( February 26, 2025, 6:06 PM EST) -- The founders and former majority owners of the bankrupt fuel distributor Mountain Express Oil Co. were hit with a lawsuit by the company's trustee Monday alleging that they took nearly $100 million out of the business through a bogus stock buyout that pushed it to the brink of insolvency....
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