Section » Oil

Oil-Well scam: Indiana man charged for selling unregistered investments

According to an Evansville man faces charges in connection with what investigators are calling an investment scam. John Shamo is charged with selling unregistered investments in oil wells. Investigators say the incidents occurred in Posey County, Indiana, and in Jefferson County, Illinois. Read Article

Comments OffPermalink

Oil Import Scam: Pakistani Government to punish many officials involved reporetd that Caretaker Petroleum Minister Sohail Wajahat has announced that the government is prepared to take action against all officials involved in the base oil import scam, which could have caused a loss of $3 million to the national exchequer. “Inquiry into the base oil import contract, which was being awarded at a higher [...]

Comments OffRead this post »

Paris: Charles Pasqua denied any fraud involvement in Iraq’s “oil-for-food” program

As reported by, It does not make sense!” Charles Pasqua, 85, has vehemently denied.Wednesday before the Paris criminal court involvement in the hijacking of the UN program in Iraq “Oil against food”. Read Article

Comments OffRead this post »

Islamabad: former chief of oil authority ready to surrender in large rupee scam reported after dodging the law for over eight months, the main character in a multi-billion-rupee scam, former chairman of the Oil and Gas Regulatory Authority (Ogra) Tauqeer Sadiq said on Saturday that he was ready to surrender to Interpol. On Wednesday, sources in the National Accountability Bureau (NAB) said Sadiq had been arrested in [...]

Comments OffRead this post »