Chris Faulkner – Oil and Gas Fraud

California stockbroker fraud attorneyChris “Frack Master” Faulkner, Former TV Financial Celebrity, Allegedly Orchestrated an $80 Million Oil and Gas Fraud

Chris “Frack Master” Faulkner allegedly orchestrated an $80 million oil and gas fraud, according SEC Documents currently under review by attorneys Joe Peiffer and James Booker.

Chris Faulkner, the CEO of Breitling Energy Corporation (BECC) and recurring guest on CNBC, CNN International, Fox Business News, and the BBC, allegedly disseminated false and misleading offering materials, misappropriated millions of dollars of investor funds and attempted to manipulate BECC’s stock, the SEC also reports.

The Peiffer Wolf securities lawyers are currently investigating Chris Faulkner’s alleged $80 million oil and gas fraud.

Chris Faulkner and the Other Co-defendants Allegedly Misled Investors about the Purported Relationships between Parties, Faulkner’s Industry Experience, Plans for Investor Money, and Expected Returns

Chris Faulkner and other co-defendants, dating back to 2011, allegedly misled investors about the relationships between the parties, future plans for investor money, Faulkner’s industry experience, and expected returns, according to the aforementioned SEC documents currently under review by attorneys Joe Peiffer and James Booker.

What is more, the SEC has also accused Faulkner of using at least $30 million for personal use including lavish meals and entertainment, international travel, cars, jewelry, gentlemen’s clubs, and personal escorts, the SEC further alleges.

Finally, the SEC also alleges that Beth Handkins, a former employee of Crude and Patriot, Rick Hoover, the former CFO of BECC, and Jeremy Wagers, BECC’s general counsel and COO, all took part and played essential roles in helping Faulkner in the alleged fraud, according to SEC Documents.

Securities Lawyers Investigating

The Peiffer Wolf 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, Joe Peiffer or James Booker, for a free no-obligation evaluation of their recovery options, at 504-523-2434.

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.