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{"id":13493,"date":"2014-08-19T16:24:06","date_gmt":"2014-08-19T16:24:06","guid":{"rendered":"http:\/\/www.seonewswire.net\/2014\/08\/fraud-in-the-oil-patch-oil-and-gas-investors-should-be-wary\/"},"modified":"2014-08-19T16:24:06","modified_gmt":"2014-08-19T16:24:06","slug":"fraud-in-the-oil-patch-oil-and-gas-investors-should-be-wary","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2014\/08\/fraud-in-the-oil-patch-oil-and-gas-investors-should-be-wary\/","title":{"rendered":"Fraud in the Oil Patch \u2013 Oil and Gas Investors Should Be Wary"},"content":{"rendered":"

\"Oil<\/a>The United States is experiencing an oil boom.\u00a0 As with every boom, hucksters are busy designing clever schemes to steal money from eager oil and gas investors.<\/p>\n

Federal officials recently accused Halek Energy, LLC with swindling 300 investors out of nearly $22 million in a Texas oil and gas project.\u00a0 The company\u2019s CEO, Jason Halek, settled with the Securities and Exchange Commission by agreeing to a $50,000 fine and to repay \u201cill-gotten gains.\u201d\u00a0 A Fifth Circuit Court of Appeals ruling<\/a> recently affirmed that Halek and two of his companies, CBO Energy, Inc. and Halek Energy, should disgorge $21,452,137 in \u201cill-gotten profits\u201d.<\/p>\n

Just this month, the SEC filed charges against Chimera Energy Corp. alleging that Chimera was falsely claiming to have contracts with Pemex, the state-owned Mexican oil company.\u00a0 In addition, the SEC alleges that Chimera made false claims that it had developed a revolutionary and environmentally friendly technology that would replace the controversial (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The United States is experiencing an oil boom.\u00a0 As with every boom, hucksters are busy designing clever schemes to steal money from eager oil and gas investors. Federal officials recently accused Halek Energy, LLC with swindling 300 investors out of…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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