Exposing Oil and Gas Fraud!
Resolve Oil and Gas Investment Disputes with Mark Alexander, Trusted Dallas Attorney
Protect your financial interests. Identify fraudulent investment schemes. Trial lawyer, Mark Alexander, has helped hundreds of clients avoid and fight oil and gas fraud and commercial fraud.
Introduction
Resolving investment disputes in the oil and gas industry and protecting your financial interests are part of Mark’s daily practice. Mark is a skilled litigator with a winning track record inside trial courtrooms. He stands ready to go the distance to protect your interests and secure a favorable outcome.
Understanding Oil and Gas Fraud
Oil and gas fraud can have devastating consequences for investors. Common deceptive, fraudulent schemes include Ponzi schemes, false reporting of reserves, non-disclosure of criminal backgrounds and falsifying financial records. Despite the fact that scammers are always looking for new and creative ways to fraud investors, their tactics produce red flag warnings to help you to steer clear of potential oil and gas fraud.
Oil and Gas Fraud – Red Flag Warning Signs:
- Sales Presentations Centered on Widely Reported News
News headlines are read by con artists. They frequently employ widely reported news stories, such as the fluctuating price of gas, to entice investors and make their “opportunity” seem more credible.
- “Can’t-Miss” Wells
Any investment opportunity, including those in oil and gas, should be viewed with some degree of skepticism because every investment contains some level of risk. The goal of con artists is frequently to persuade you that receiving extraordinarily large profits is “guaranteed” or “can’t miss.” Do not accept it.
- Materials Sent Unsolicited
If you receive unsolicited information regarding investments, exercise extra caution. Your best course of action may be to just disregard “junk” investment-related texts, emails, voicemails, and normal mail. Don’t be impressed by a package packed with eye-catching marketing materials or sent by certified mail or overnight delivery. If you’re not going to thoroughly investigate an opportunity, do yourself a favor and throw any unsolicited materials right away in the recycling bin. Say “thanks, but no thanks” and hang up if someone calls to follow up on the materials.
- Limited Opportunities
Fraudsters often use high-pressure tactics to make you believe that the “opportunity” they are offering is limited – to persuade you to transfer your money without first performing any due diligence. The more pressure you feel, the more you should walk away or delay making any investment decisions until you are confident in your own research, independent of the person asking for your investment.
- High Return Rates
Compare promised yields with current returns on well-known stock indexes. Any investment opportunity that assures you that you will receive significantly more may prove to create an unhealthy risk. Resulting in monetary losses for you.
- Tips or Tricks
You might be discouraged (by the promoter) from discussing the investment opportunity with someone you trust, such as a family member, lawyer, or financial advisor. In that case, hang up or stop listening.
It is crucial to uncover and address oil and gas fraud to not only protect your financial interests but to also hold the fraudsters responsible.
Mark Alexander Can Help
Mark A. Alexander, P.C. plays a vital role in resolving investment disputes related to oil and gas fraud. With expertise and experience, Mark navigates complex legal processes and advocates for your rights. Mark shares his deep understanding of the intricacies of oil and gas fraud cases and commits to achieving the best possible outcomes.
Frequently Asked Questions
Q: What is considered oil and gas fraud?
A: Oil and gas fraud encompasses a range of deceptive practices, including representing that “national oil companies are drilling adjacent to this project”, or knowingly selling worthless projects, false reporting of reserves, Ponzi schemes, and misrepresenting investment opportunities. It involves intentional acts to defraud investors in the industry.
Q: How can I identify potential oil and gas fraud?
A: Identifying potential oil and gas fraud can be challenging, but there are warning signs to look out for. These include unrealistic promises of high returns, lack of transparency in financial reporting, pressure to invest quickly without proper due diligence, and statements like “one potential investor just dropped out because he is going through a divorce, so there is only one unit available.”
Q: What are the legal consequences of oil and gas fraud?
A: Oil and gas fraud can lead to severe legal consequences for fraudsters. These may include restitution orders, judgments equal to the investment, less any revenue, plus interest and attorney’s fees. The specific penalties depend on the nature and extent of the fraud.
Q: How can I protect my financial interests in the oil and gas industry?
A: Protecting your financial interests in the oil and gas industry requires proactive measures. It is essential to conduct thorough research before investing, seek professional advice, carefully review contracts and agreements, and utilize an experienced attorney to review the agreements. Regular monitoring of investments and staying informed about industry trends can also help mitigate risks.
Q: What steps should I take if I suspect oil and gas fraud?
A: If you suspect oil and gas fraud, it is crucial to report your suspicions to the appropriate authorities, such as regulatory agencies. Additionally, seeking legal assistance from an experienced attorney specializing in oil and gas fraud cases can help recover your investment, and your interests and guide you through the process.
Q: How long does it take to resolve an investment dispute?
A: The timeline for resolving an investment dispute can vary depending on various factors, including the complexity of the case, the willingness of parties to negotiate, and the court’s schedule. Mark will work in a cost-conscious and diligent manner to resolve your dispute as efficiently as possible while ensuring your interests are protected.
Q: What sets your attorney apart in handling oil and gas fraud cases?
A: Mark stands out in handling oil and gas fraud cases due to his oil and gas fraud experience, as well as his history of financial fraud litigation. Mark has a deep understanding of the industry, extensive knowledge of relevant laws and regulations, and a track record of successful outcomes. Mark’s dedication to his clients makes him the ideal choice for pursuing fraudsters in the oil and gas industry.
Our Oil and Gas Fraud Expertise
Mark A. Alexander, P.C. (“the Firm”) has represented more than 140 people throughout the United States during the last 21 years who have encountered Oil and Gas Fraud of their hard-earned money by unscrupulous oil and gas companies.
In their aggressive pursuit of justice, the Firm has obtained substantial judgments and settlements for clients, and have worked to collect money for our clients. Some of the Firm’s clients have been doctors, lawyers, high-wealth individuals, accountants, and retired NFL players.
Many clients have asked us, “How do these oil & gas companies scam so much money from so many people?” There is a simple answer. Over the past several years there has been a renewed interest in oil and gas drilling in Texas. A lot of this has been spurned by significant advancements in a technology called, “fracking.” With the upswing in drilling, many companies are looking to raise money for Texas oil and gas projects. These companies use the productivity of fracking technology as a sales tool to get people’s money.
The majority of these companies are legitimate. Unfortunately, some exist to “steal” your money. We know. As Oil and Gas Fraud Lawyers, we go after them.
Testimonials
“Mark Alexander is a seasoned litigator with many success stories and grateful clients across the U.S. Plus, he brings a business lens to every situation and offers uncanny insights to avoid legal problems. He can negotiate or help you negotiate a win.” – Chris Stepien, satisfied client
Contact Us
If you are facing an investment dispute in the oil and gas industry or suspect oil and gas fraud, don’t hesitate to reach out to Mark A. Alexander, P.C. Contact us today for a consultation and let us protect your financial interests.
Phone: 972-544-6968
Email: Mark@markalexanderlaw.com
