$1.19 millionreturned to investors out of about $15.8 million raised by Target Oil and Gas
A Kentucky oil and gas company lured about $15.8 million from investors in several states and returned about $1.19 million in royalties; its president got 10 years.
Several states had issued a cease and desist order, which the owners hid from investors.
Source: WAVE 3 News. Read more: oil and gas investment fraud · case file
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