DALLAS — A 39-year-old Dallas oil and gas industry executive who calls himself the “Frack Master” in media appearances has been accused of defrauding investors out of $80 million, according to a government lawsuit announced today. Read the article.
A Texas energy mogul known in the media as the “frack master” allegedly carried out an elaborate $80 million fraud scheme to fund his extravagant lifestyle, including a penchant for strippers, according to a lawsuit filed Friday by the Securities and Exchange Commission. Read the article.
Breitling Energy Corporation CEO Chris Faulkner declared himself the “frack master” during dozens of cable TV appearances. The federal Securities and Exchange Commission said Friday he was actually a fraud master, charging him and seven associates with allegedly engineering an $80 million oil and gas swindle. Read the article.
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