Monday, January 27, 2014

Oil fraud lands Richardson businessman 30 years

The chairman of an oil and gas promotions company was sentenced to 30 years in prison Friday on charges he defrauded investors out of $2.5 million.
David Lewis, chairman of Always Consulting Inc. in Richardson, was found guilty by a federal judge in September on multiple counts of securities fraud after a federal investigation into one of Lewis’ oil and gas projects in Oklahoma.
The 52-year-old Lewis was accused by the U.S. attorney’s office of making false statements to investors and using their funds to prop up the company.
http://www.dallasnews.com/business/energy/20140124-oil-fraud-lands-richardson-businessman-30-years1.ece

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