SEC Charges Texas Companies and Individuals in Oil-and-Gas Offering Fraud

March 1, 2018

The Securities and Exchange Commission today charged three Plano, Texas-based oil and gas companies and their principals, together with an accountant and compliance coordinator, for their roles in operating an $11.7 million offering fraud for oil drilling and operations projects allegedly located in Kentucky.

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Last Reviewed or Updated: Nov. 29, 2022