Chris Faulkner – Oil and Gas Fraud
Chris “Frack Master” Faulkner Allegedly Cheated Oil and Gas Investors Out of $80 Million in Order to Finance a “Debauched” Jet-setting Lifestyle
Chris “Frack Master” Faulkner, of Dallas, Texas and CEO of Breitling Energy Corporation, allegedly fleeced investors out of $80 million, according SEC Documents currently under review by attorneys Jason Kane and James Booker.
The SEC is reportedly suing Breitling Energy Corporation of Dallas, Texas, and its CEO, “Frack Master” Chris Faulkner, for fraudulently spending $80 million dollars of investors’ money on fancy dining, luxury cars, strippers, sex workers, amd even going so far as to refer to his American Express card as his “whore card”, according to SEC documents.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Chris Faulkner’s alleged $80 million oil and gas fraud.
Chris Faulkner’s Dallas-based Breitling Energy Allegedly Compiled a Remarkable Failure of Corporate Governance, Purportedly Inflating Estimates of Oil and Gas Companies under Breitling Control
Chris Faulkner’s Dallas-based Breitling Energy is being sued by the SEC in a lawsuit that alleges a spectacular failure of corporate governance at Breitling Energy Corp and other companies he pitched in to establish, according to the aforementioned SEC documents currently under review by attorneys Jason Kane and James Booker.
Chris Faulkner allegedly used inflated estimates of the oil and gas that his companies controlled in order to ensnare hundreds of U.S. investors to back his firms, the SEC further alleges.
Faulkner, 39, who faced a number of lawsuits in the early 2000s in connection with his previous web hosting business, turned his attention to energy drilling during the U.S. shale boom in the last decade, the SEC notes. Faulkner, however, the SEC alleges, did little drilling, but rather engaged in lots of credit cards swiping, the SEC said.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged oil and gas fraud, and are currently investigating Chris Faulkner’s alleged oil and gas fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Chris Faulkner’s alleged oil and gas fraud may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.