June 08, 2016
The U.S. Securities and Exchange Commission on Wednesday agreed to settle for about $620,000 claims that an oil and gas industry veteran cheated unwitting investors out of $17.6 million by using a fraudulent energy exploration company in Texas.
July 01, 2013
An oil and gas industry veteran used a fraudulent company to cheat unwitting investors out of $17.6 million, which he used to pay for his kids' private school tuition and buy gold coins, the U.S. Securities and Exchange Commission alleged Friday in a Texas federal complaint.