Friday - December 12, 2025
SEC Obtains Final Judgment Against CEO of Houston-Based Energy Company Charged With Fraud
December 12, 2025
WASHINGTON, Dec. 12 -- The Securities and Exchange Commission issued the following litigation release (No. 4:24-cv-02805; S.D. Tex. filed July 29, 2024) involving Thomas San Miguel:

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On November 30, 2025, the U.S. District Court for the Southern District of Texas entered a final judgment against Thomas San Miguel, founder and former Chief Executive Officer of SGR Energy, Inc., a Houston-based fuel-blending business, for engaging in an unregistered and fraudulent se . . .

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