Jury finds defendants guilty in Bakken oil scam : Energy News

Jury finds defendants guilty in Bakken oil scam : Energy News

BILLINGS, Mont.— The four remaining defendants in a Bakken oil leasing scam that duped unwitting investors across the country out of hundreds of thousands of dollars were found guilty on most charges on Wednesday by a Montana jury.

The verdicts against Steven William Carpenter, 56, Suzette Gulyas Gal, 55, Andras Zoltan Gal, 22, and Krisztian Zoltan George Gal, 29, followed a seven-day U.S. District Court trial before Judge Sam Haddon.

They were part of a scam that authorities said netted $673,000 from more than 50 investors, many of them elderly who were promised lucrative returns on fictitious oil and gas projects on Montana’s Fort Peck Indian Reservation.

Carpenter, Suzette Gal and Andras Gal were found guilty on one count each of conspiracy to commit fraud, wire fraud and mail fraud. The jury found Krisztian Gal guilty of conspiracy to commit fraud but not guilty on two fraud charges.

via Jury finds defendants guilty in Bakken oil scam : Energy News.

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Posted by on May 10, 2013. Filed under All News,Energy News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.