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As Drilling Proliferates, Scammers Look to Cash In

The oil and gas boom in Texas has given rise to a growing number of fraud cases in which investors — often blue-collar retirees — have been lured by the promise of high returns on supposedly low-risk investments.

By Dave Fehling, Houston Public Media
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Local pumper Bobby Thomason works on cleaning up an old well that was recently worked over to start producing again on a lease in Caldwell County near Luling, January 22, 2012.
Credit: Jennifer Whitney

The oil and gas boom in Texas has given rise to a growing number of scam cases in which investors — often blue-collar retirees — have been lured by the promise of high returns on supposedly low-risk investments. Read the full story at KUHF News.

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Information about the authors

Dave Fehling

HOUSTON PUBLIC MEDIA

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