Facts About Oil And Gas Fraud

As the price of oil and gas securities rise, they look like great investments. Shareholders even have a chance of making lots of money if they buy and sell in time. And as more and more people invest in oil and gas securities, the likelihood of oil and gas fraud scams goes up dramatically. Fast talking brokers can trick investors into putting their money in non-existent companies or into buying overpriced stocks. As an investor you do have rights.

Contact our and oil and gas fraud lawyers, who are willing to help you recover your losses.

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Typical oil and gas scams are handled by swindlers who use high pressure sales tricks to steal money from investors. These swindlers often sell stocks or bonds to investors in a different state. In some cases, a different oil and gas fraud scheme is used. Instead of stocks, the scam artists sell minority partnerships in a company or a particular site. They typically target investors who are far from the well site to discourage them from inspecting the site or operation.

To avoid being a victim of oil and gas fraud, look out for:

• Cold callers
• Once-in-a-lifetime opportunities
• Offers limited to “select” individuals
• Salespersons who invest in the program
• Large oil or gas deposit found nearby

Don't get taken in by promises of making dramatically large returns on your investments.

Oil and Gas Fraud Hot Topics

• Boiler rooms
• Ponzi schemes
• Unscrupulous oil and gas brokers
• Internet oil and gas fraud

Contact an Oil and Gas Fraud Lawyer now to receive a professional consultation.