June 27, 2016 archive

Breitling Energy CEO Hit with SEC Lawsuit Accusing him of Misspending $80 million

A Dallas energy company executive stands accused of defrauding investors of nearly $80 million, money he allegedly spend on private jets, personal escorts and gentleman’s clubs. The Securities and Exchange Commission, in the filing of a lawsuit in Dallas accused Chris Faulkner of spending at least $30 million to “maintain a lifestyle of decadence and …

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