“Jethro, are you Clickin’ on some Crude” The Liability of the Internet Offer and Sale of Mineral Interests under California Securities Laws

November 02, 2003

Mineral interests are a class of non-traditional investments that
typically will escape the scrutiny of modern securities regulators. The most
prevalent of the mineral interests is an interest in oil and gas production.
Since oil is a product that almost every American uses, these investments are
portrayed as conservative and risk-free. Now, with the Internet, the ability
to marketing these interests has increased dramatically. In some cases, a
person can purchase an interest for less than $ 300.00. Like the sale of penny
stocks during the late 90's, sales of fraudulent oil and gas interests are
rising


Go to this article | Posted by curt at 09:00 AM