SEC Cracks Down on the ‘Frack Master’, Operator of an $80m Racket
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SEC Cracks Down on the ‘Frack Master’, Operator of an $80m Racket
The US’ Securities and Exchange Commission (SEC) cracked down on a total of four companies and eight individuals in a collective $80 million oil and gas racket, run by Chris Faulkner, who operated under the alias, “the Frack Master”, according to an SEC statement.
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Faulkner had garnered an expertise in hydraulic fracturing, and was even a frequent guest on a number of media sites, including such venues as CNBC, CNN International, Fox Business News, and the BBC – in this ... (read more)
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