Complaint: Scam Related To Nonexistent Fracking Technology Costs Investors $40M

( September 17, 2025, 12:03 PM EDT) -- TYLER, Texas — A receiver for multiple entities has sued individuals and companies in Texas federal court related to a scheme that defrauded investors out of at least $40 million by selling shares in numerous corporate entities that falsely claimed that they had developed “industry-disrupting technologies,” for hydraulic fracturing operations, as well as for other industries....

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