June 3, 2015-Austin, Texas
WIlliam Allen Risinger, of Round Rock, Texas, was indicted May 19, 2015 on allegations that between 2010-2014 , through his company RHM Exploration, he promoted and sold investments purported to be interests in oil and gas ventures, including RHM-Sinton Joint Venture (Gerdes Lease) and RHM-Sinton Roots Project (Roots Lease). He also offered interests in the Pritchett Lease (Net Mineral Acres)
According to the indictment, investor funds were not used to purchase oil and gas interests but were used for personal expenses and other fraudulent purposes.
RIsinger is charged with wire fraud , money laundering and other charges.
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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