Articles Tagged with Oil and Gas Investment Fraud Attorneys

When Oil and Gas Investment Fraud Lead To Financial Losses 

Contact Our Skilled Texas Oil and Gas Investor Loss Attorneys Today

The US Securities and Exchange Commission (SEC) has filed a civil complaint against Clean Energy Technology Association Inc., Freedom Impact Consulting, LLC,  and other defendants accusing them of raising $155M from more than 500 investors in an alleged oil and gas-related fraud. The securities regulator contends that allegedly false statements were made about the leasing of carbon capture units to big oil and gas producers. Investors were told they would be paid returns from the supposed revenues made from running these units. Now, the SEC is contending that the investment is a “sham.”