Oil and Gas Fraud – Targeting Foregin Investors:
In our continuing effort to keep foreign investors appraised on investment frauds directed toward them, we are providing you with a copy of a recent Securities and Exchange Commission litigation release concerning an investment that focused on individuals primarily located in Australia, England and Canada. We have also included with this Post a copy of the complaint filed by the SEC.
Securities and Exchange Commission v. Petroleum Unlimited, LLC, Petroleum Unlimited II, LLC, Roger A. Kimmel, Jr., Harry Nyce, Michel-Jean Geraud, Robert Rossi, Joseph Valko, and Morgan Kimmel, n/k/a Morgan Petitti, , Civil Action No. 9:11-CV-80038 (S.D. Fla., filed Jan. 12, 2011)