Ringleader of $10M Petro Investment Scam Gets 30 Years

Law360, New York (October 9, 2013, 5:40 PM EDT) -- The ringleader of a $10 million investment fraud scheme convicted in May of peddling shares of the bogus oil company Petro America Corp. to churchgoers and other investors was sentenced Tuesday to 30 years in prison by a Missouri federal judge.

Judge Brian C. Wimes of the Western District of Missouri sentenced Petro America’s President and CEO Isreal Owen Hawkins to 360 months in federal prison followed by three years of supervised release.

Hawkins was indicted in 2010 and convicted in May of conspiracy, securities fraud,...
To view the full article, register now.



Case Information

Case Title

Magistrate judge case number: 

Case Number



Missouri Western

Nature of Suit

Date Filed

November 22, 2010


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.