Oil and Promissory Notes Don’t Mix

Regulators like the SEC and state securities commissioners have a job far too big for their meager budgets.

Gasoline is a necessity, not a luxury purchase. Everyone know that. That’s why those who promise riches from oil and gas investments will always have a head start with prospective investors. Everyone understands the profit potential, and tens of thousands of people this year will lose their life savings to oil and gas scams. The SEC believes it has caught one in West Virginia. According to the SEC’s press release: (more…)

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