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 sell”
- Try to convince the elder person that there is no need to discuss the potential investment with a family member
- Convince the person that the investment will benefit his/her grandchildren
- The investor will get a tax benefit for the investment
Many times, it is only after an elder person has invested substantial money in a fraudulent oil and gas company do we receive a call from the spouse, son, or daughter questioning the investment.
We highly suggest that before you invest please contact an experienced investment advisor or attorney.
We are here to help.