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Resource ID: #5855
Subject: Fraud
Source: Daily News (Arlington, Texas)
Affiliation: 
Date: 

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Description

Arlington Daily News stories describe how an ex-convict got people to invest millions of dollars in oil and gas investments that never even repaid the original investments; when the boiler room operation faced security fraud investigations, it filed for bankruptcy, but was later bought by another company owned by the same person, May 14 - 15, 1988.

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