RONNIE LEE MOSS, JR REVIEW
This complaint was posted on NAS on 6th Jan, 2021 and is a permanent record located here: https://www.nameandshame.com/ronnie-lee-moss-jr/sold-fraud-investments-id5ydpy .
Sold Fraud Investments
Today, The Smart Investor Feed brings you another morally reprehensible fraud.
Ronnie Lee Moss, Jr. (Genesis E&P, Royal Oil LLC and Catalyst Operating LLC) has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?
We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.
Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:
Full Report On Ronnie Lee Moss, Jr. (Genesis E&P, Royal Oil LLC and Catalyst Operating LLC)
On December 23, 2020, the Securities and Exchange Commission filed a complaint against Ronnie Lee Moss, Jr. of Flower Mound, Texas, and Genesis E&P, Inc., Royal Oil, LLC, and Catalyst Operating, LCC, three companies Moss controlled, alleging they raised approximately $5.7 million by selling fraudulent oil-and-gas investments.
According to the SEC's complaint, from January 2014 to March 2018, Moss and his companies sold investments in multiple oil-and-gas limited partnerships to 95 investors nationwide. The complaint alleges that Moss oversaw a cold-calling campaign to solicit investors and prepared and distributed offering documents that misstated or omitted material information about his control over Genesis, his poor performance in prior oil-and-gas ventures, and his 2004 criminal conviction for securities fraud in a previous oil and gas offering. The complaint further alleges that Moss misled investors with baseless revenue and production projections and misused offering proceeds.
The SEC's complaint, filed in federal district court in the Eastern District of Texas, charges Moss, Genesis, Royal Oil, and Catalyst Operating with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and Moss with the broker-registration provisions of Section 15(a)(1) of the Exchange Act. The complaint seeks an injunction preventing Moss, Genesis, Royal Oil, and Catalyst Operating from violating the antifraud sections of the securities acts, civil penalties from each party, and an injunction preventing Moss from engaging in securities offerings. Without admitting or denying the charges, Genesis has agreed to the entry of a judgment enjoining it from violating the antifraud provisions of the securities laws and ordering it to pay a $192,768 civil penalty. The settlement is subject to court approval. The litigation is ongoing with respect to the other defendants.
Conclusion: Ronnie Lee Moss, Jr. (Genesis E&P, Royal Oil LLC and Catalyst Operating LLC) Is A Fraud
The report on SEC clearly suggests that Ronnie Lee Moss, Jr. (Genesis E&P, Royal Oil LLC and Catalyst Operating LLC) never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.
If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.
Help Us Fight These Criminals
Do you have evidence against Ronnie Lee Moss, Jr. (Genesis E&P, Royal Oil LLC and Catalyst Operating LLC) or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.
Full Disclosure: We sourced this piece of information from the SEC database