indicating-the-oil

Former London, Ont., men charged in alleged $30M stock market …

TORONTO — The RCMP says two former executives of Onco Petroleum Inc. are facing charges in an alleged $30 million stock market-related fraud.
Investigators allege Onco’s former president and treasurer filed a false prospectus, indicating the oil and gas company had in excess of US$20 million available for development of its oil and gas resources when it did not.
Police say Onco¬†[…]