Updated – Lawyer: Breitling Energy CEO & ‘Frack Master’ Chris Faulkner ‘Denies Emphatically’ SEC Allegations of Fraud
The SEC charged Dallas-based Breitling Energy Corp. and its CEO, “Frack Master” Chris Faulkner, of fraudulently spending tens-of-millions of dollars of investors money on lavish meals, expensive cars, strippers and escorts. The SEC claims that Faulkner masterminded an elaborate $80 million oil and gas fraud that included Breitling, Crude Energy and Patriot Energy and eight executives, including Breitling General Counsel Jeremy Wagers.




