We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Okla. Sues Ex-Quest CFO Over $10M Fraud Scheme

Law360 (March 9, 2009, 12:00 AM EDT) -- Broadening its attack on former officers at Quest Resource Corp., the Oklahoma Department of Securities has filed suit against the natural gas and oil producer’s former chief financial officer for his role in an alleged $10 million fraud scheme.

In a regulatory filing Monday, Quest disclosed that the state securities watchdog accused David E. Grose of helping the former CEO of Quest Energy GP LLC Jerry Cash transfer $10 million from Quest to an entity in his control.

In addition to helping Cash allegedly loot Quest...
To view the full article, register now.
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.