Tagged with "Oil and Gas"

Oil and Gas Company and Founder Plead Guilty to Ponzi Scheme

Posted on April 30th, 2015 at 2:52 PM
Oil and Gas Company and Founder Plead Guilty to Ponzi Scheme

The SEC accused GC Resources, LLC and its owner and sole operator of defrauding investors through the sale of interests in oil and gas wells that the company never owned.

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