August 11, 2016-San Angelo, Texas
The Department of Justice announced that Stanley J. Fortenberry, 50, of San Angelo, Texas, has been charged with 3 counts of mail fraud, 2 counts of wire fraud and one count of obstructing an official proceeding in connection with his company Wattenberg Energy Partners, which raised funds for oil and gas operations in Colorado.
From 2010-2012 he also ran a separate fraudulent scheme through Premier Investment Fund, according to the release. The indictment alleges that Fortenberry spent most of the $900,000 he raised was spent on himself instead of being invested in the purported deals.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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