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Texas Oil and Gas Scammer, Jailed at 78

Sitting in prison at 80 years of age, James VanBlaricum spent his life scamming oil and gas investors. In 1975 the SEC sued VanBlaricum and his company, Kimberly Oil and Gas, for fraud. VanBlaricum settled, and was enjoined from the securities business. By 2011, more than 10 years after he formed Signal Oil and Gas, the Illinois Security Department issued [...]

By |October 30th, 2019|Categories: General, Scams|0 Comments

Man Accused of Swindling Oil Investors Pleads Guilty

Man Accused of Swindling Oil Investors Pleads Guilty Wednesday Morning in Wichita County Court Original Article by Trish Choate, Wichita Falls Times Record News Published 11:51 a.m. CT July 10, 2019 | Updated 4:30 p.m. CT July 10, 2019 A man accused of bilking investors who thought they were funding oil wells entered a guilty plea Wednesday morning, halting his trial at [...]

By |October 22nd, 2019|Categories: Oil and Gas Fraud, Scams|0 Comments

Oil and Gas Investments—There’s no Such Thing as a Guarantee

Guaranteed investment returns of 227% to 363% over six years. Sounds too good to be true, right? Not so fast. What if the oil and gas investment includes a guaranteed monthly stream of income for six years regardless of oil prices? Well, investors in 28 states took a piece of the action. During two years ending in 2016, 70 retail [...]

By |October 8th, 2019|Categories: Oil and Gas Fraud|0 Comments

BitQyck, Cryptocurrency Scam

Betty Crocker’s mixing bowl must be spinning out of control to hear that a company called BitQyck, Inc. (not to be confused with Bisquick™), has been scamming investors out of their hard-earned dough in yet another cryptocurrency securities investment fraud scheme. According to the SEC Complaint, a person investing $5,000 was supposed to receive “250,000 Bitqy Coins representing 25,000 shares [...]

By |September 12th, 2019|Categories: Scams|0 Comments

Scam Me If You Can

(By Julia Limitone published August 29, 2019, Technology-FOX Business) Famous con man explains the easiest way to outsmart scammers. ‘Scam Me if You Can’ author Frank Abagnale on how consumers can protect themselves from scams. Frank Abagnale, the former con-man that inspired the 2002 Steven Spielberg film "Catch Me If You Can," said fraudsters can easily be outsmarted – all people need [...]

By |September 12th, 2019|Categories: Scams|0 Comments

Fraud On The Elderly

For many years our law firm has represented elderly individuals from all over the United States who have invested in countless oil and gas companies. Unfortunately, these individuals came to realize their investments were based on a fraud. Our experience in oil and gas fraud litigation has exposed some of the following: Target the elderly as they are an “easy [...]

By |July 16th, 2019|Categories: Oil and Gas Fraud|0 Comments