Monday, January 30, 2023 | Back issues
Courthouse News Service Courthouse News Service

Securities Fraud

The SEC claims in a federal complaint that Jared Gabriel Forrester, 35, of Summer Shade, Ky., “was directly involved” in a scheme involving the fraudulent sale of least $15 million of oil and gas securities to more than 150 investors.

SAVANNAH, Ga. — The SEC claims in a federal complaint that Jared Gabriel Forrester, 35, of Summer Shade, Ky., “was directly involved” in a scheme by David R. Greenlee  and David A. Stewart Jr. that fraudulently sold least $15 million of oil and gas securities to more than 150 investors. (Greenlee and Stewart have pleaded guilty to running a Ponzi scheme.)

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...