July 28, 2017
A California federal judge on Thursday ordered the founder of Citadel Energy Partners LLC to pay $2.8 million to resolve the U.S. Securities and Exchange Commission's claims that he ran an investment fraud scheme that paid for his personal expenses, including Ponzi-like payments and expensive psychic readings.
July 26, 2017
The U.S. Securities and Exchange Commission alleged in California federal court Wednesday that the founder of Citadel Energy Partners LLC ran a $15 million investment fraud scheme that paid for some of his personal expenses, including Ponzi-like payments and expensive psychic readings.