While there are many legitimate petroleum investment opportunities, it’s important to understand that every lucrative industry will have a few fraudsters.
Unfortunately, scam artists have become sophisticated and can create fake investment opportunities that seem credible. If you’ve fallen prey to such a scheme that was recommended to you by your financial advisor, you may have options for financial recovery.
At Meyer Wilson, our team has helped thousands of defrauded investors recover their money. With over 75 years of collective experience and over $350 million recovered for our clients, we’re confident that we have what it takes to fight back against the financial firm that sold you the potential fraudulent oil and gas scam. .
Types of Oil and Gas Scams a Lawyer Can Take Legal Action Against
According to our Ohio investment fraud lawyers, illegal investment promoters often attract potential investors through boiler rooms and internet sales techniques. A boiler room is essentially an office of telemarketers who solicit unsuspecting consumers, using high-pressure sales tactics to trick them into throwing away their hard-earned money.
Fraudsters also promote petroleum investment scams on the internet, using convincing email marketing to take advantage of unwitting individuals. Boiler room and internet fraudsters may offer several types of fraudulent investment opportunities, including limited partnership interests, general partnerships, and ownership of fractional undivided lease interests.
Such opportunities can seem legitimate, as many include detailed geological descriptions of the oil well. That said, even the most enticing and seemingly credible opportunities can be scams. Luckily, our oil and gas scam attorneys are familiar with many types of scam on the market and can help you seek compensation after losing money to a fraudster.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
Benefits of Working With the Oil and Gas Scam Lawyers from Our Firm
The highly skilled team of attorneys at Meyer Wilson can offer a number of different legal services as well as the peace of mind that comes from knowing your case is in experienced hands. Here’s why our firm is the right choice for your petroleum fraud case:
Comprehensive Legal Representation
When you work with an oil and gas scams attorney from our team, they’ll take several different actions on your behalf. Everything they do will be geared toward getting you the best results possible. Here’s what they’ll do to make your case successful:
- Investigate the scam
- Collect and analyze evidence
- Calculate how much your case is worth
- Take legal action against the offending party
- Comply with the statute of limitations for fraud lawsuits
- Work hard to secure sufficient compensation
At our firm, we always put our clients first. Our investor claims team purposely takes on a low caseload to ensure we have the time and resources your case needs to succeed. This will allow your lawyer to get the most value out of your case as possible and ensure they’re always available to answer questions about it.
Results and Reviews that Speak for Themselves
The lawyers on our oil and gas scams team have helped thousands of hard-working individuals get their money back after falling victim to a fraudulent investment opportunity. We do everything we can to get the best outcomes for our clients, and it shows when you look at our impressive case results.
We also strive to provide the best experience possible for the people we work with. To see what clients think of our professional and hassle-free legal services, take a look at our client reviews page. The testimonials they’ve provided will show you how much our firm cares about your client experience and the success of your case overall.
How to Spot an Oil or Gas Scam Before It’s Too Late
When it comes to oil and gas investment opportunities, there are several common red flags to look out for that may indicate a scam. Be cautious if you come across an opportunity that involves any of the following factors:
- Offer centered around a highly publicized news story
- “Guaranteed” returns and “can’t miss” opportunities
- The promise of extremely high returns
- Pressure not to speak with a family member or other party about the investment opportunity
- Unsolicited emails, phone calls, or faxes
If you’re considering an offer or have already agreed to be a part of an investment opportunity that involves one or more of the elements listed above, reach out to an attorney from our oil and gas scams team ASAP. They’ll be able to investigate the promoter and its offer to determine if it’s fraudulent.
Do Your Research
While a trusted financial advisor or lawyer can help you find out if an oil and gas investment opportunity is legitimate, there are also a few steps you can take to determine whether or not you’re dealing with a credible investment promoter. Here’s what you should do before investing:
- Research the company that made the offer and find out if any claims have been filed against it
- Contact the securities commission to find out if the security is registered
- Review the lease and find out if it’s in default
Taking these simple steps can help you avoid having to hire an oil and gas scams attorney in the first place. That said, sophisticated petroleum scams can evade even the most diligent research. If you’ve been taken advantage of by a fraudster, don’t panic or feel ashamed. Our team is here to help you restore your financial losses and obtain the justice you deserve.
Our lawyers are nationwide leaders in investment fraud cases.
Reach Out to the Lawyers on Our Oil and Gas Scams Team Today!
Losing money in a petroleum scam can take a significant toll on your financial standing and make you weary about investing in the future. Fortunately, the team at Meyer Wilson is here to give you the peace of mind and representation you need to feel good about your finances.
Contact our trial-ready lawyers today to schedule a free consultation and get started on your case. We’ll set up a meeting between you and a highly knowledgeable oil and gas scams lawyer from our firm so you can learn more about your legal options.
Recovering Losses Caused by Investment Misconduct.