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

moe — Sun, 14 Apr 2013 05:40:54 +0000

According to Tristatehomepage.com 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

Oil Import Scam: Pakistani Government to punish many officials involved

moe — Sun, 07 Apr 2013 00:54:44 +0000

Tribune.com 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 rate, has been done and officials that are part of the scandal will be taken to task,” he said while speaking to the media here on Friday. Read Article

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

moe — Fri, 08 Feb 2013 23:54:55 +0000

As reported by Lepoint.fr, 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

Islamabad: former chief of oil authority ready to surrender in large rupee scam

moe — Mon, 21 Jan 2013 00:44:29 +0000

Tribune.com.pk 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 Abu Dhabi with the help of Interpol. However, in a chat with The Express Tribune correspondents on social networking website Facebook, Sadiq denied his reported arrest. Read Article