Texas 'Frack Master' Bilked Investors Out of Millions

Texas oilman Chris Faulkner built a high-profile public persona, raised millions for his oil and gas ventures and courted politicians. But the SEC has alleged that behind the scenes, he cheated investors out of $80 million to fund a "debauched" jet-setting lifestyle.
Read more: http://www.reuters.com/article/us-breitling-energy-fraud-idUSKCN0ZD0BL?source=Snapzu