WICHITA, Kan. (AP) - A Hillsboro man has been indicted in connection to what prosecutors say was a $7.9 million oil and gas scheme.
Acting U.S. Attorney Tom Beall said in a news release that 70-year-old David Lawson was indicted on one count of wire fraud Tuesday.
Prosecutors say that while Lawson was the owner and director of Sonstone Trading LLC, he made a deal to sell 90 barrels a day of crude oil to Parnon Gathering Inc.
Prosecutors say Lawson did not sell the company crude oil, but instead provided raw gas oil. Raw gas oil is a mixture of various refined petroleum products with a lesser commercial value.
It was not immediately clear if Lawson has an attorney. Lawson faces up to 20 years in federal prison.
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