Government Indicts Man For Ponzi Scheme Related To Fracking Sand Investment

(March 4, 2022, 10:18 AM EST) -- MIDLAND, Texas — The U.S. government on Feb. 23 filed a criminal indictment in Texas federal court against a man accused of running a Ponzi scheme by allegedly offering investment opportunities in a company that was purportedly involved in buying and selling sand used in hydraulic fracturing operations....

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