SECRETARY OF STATE WHITE ANNOUNCES FATHER, DAUGHTER GUILTY OF DEFRAUDING MORE THAN 100 INVESTORS OF OVER $4 MILLION OIL, GAS INVESTMENT SCAM
July 24, 2008
July 24, 2008
SPRINGFIELD, Ill., July 24 -- The Illinois Secretary of State issued the following news release:
A father and daughter pled guilty to a fraudulent oil and gas investment scheme in which over 100 people lost more than $4 million.
Carl E. Royse, of Fairfield, Illinois, and his daughter Jeanette Riley, of Olney, Illinois, as well as their company Hughes Energy, Inc., pled guilty in federal court to charges of conspiracy to engage in fraudulent interstate transactions a . . .
A father and daughter pled guilty to a fraudulent oil and gas investment scheme in which over 100 people lost more than $4 million.
Carl E. Royse, of Fairfield, Illinois, and his daughter Jeanette Riley, of Olney, Illinois, as well as their company Hughes Energy, Inc., pled guilty in federal court to charges of conspiracy to engage in fraudulent interstate transactions a . . .