A retiree won the suit against OilPods Singapore, its sole director and sales consultant for fraud and conspiracy over his losses in 2008, reported The Straits Times (Victim of ponzi scheme to get refund).
It was reported in 2008 that there were more than 2,000 investors, mostly Singaporeans, and had invested about US$46m worth of working interest in Colorado-based Powder River Petroleum, which was supposed to have oil and gas interests, over 4 years...
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