US EditionFederal prosecutors accuse a New Mexico woman of fraud in oil and gas royalty case
- Teresa McCown of M&M Production & Operation Inc. and Shoreline Oil & Gas Company faces wire fraud charges for underreported oil and gas production on federal and tribal lands.
- Another case involving Hilcorp San Juan L.P. found them underpaying royalties, resulting in a $34 million settlement.
- McCown could face up to 20 years in prison and $300,000 in fines if convicted of the charges.
11 Articles
11 Articles
Federal prosecutors accuse a New Mexico woman of fraud in oil and gas royalty case
A New Mexico businesswoman is accused of defrauding the U.S. government and two Native American tribes of taxes and royalties due to them for oil and gas that her companies extracted from federal and tribal lands. Federal prosecutors say Teresa McCown was recently indicted by a grand jury on several wire fraud charges and violations of the Federal Oil and Gas Royalty Management Act. She was released from custody earlier this month. A trial date …
Federal prosecutors accuse a New Mexico woman of fraud in oil and gas royalty case
ALBUQUERQUE, N.M. (AP) — A New Mexico businesswoman is accused of defrauding the U.S. government and two Native American tribes of taxes and royalties due to them for oil and gas that her companies extracted from leased federal and tribal lands. Federal prosecutors announced this week that Teresa McCown recently was indicted by a grand jury on several wire fraud charges and violations of the Federal Oil and Gas Royalty Management Act. She was r…
Federal prosecutors accuse a New Mexico woman of fraud in oil and gas royalty case
A New Mexico businesswoman is accused of defrauding the U.S. government and two Native American tribes of taxes and royalties due to them for oil and gas that her companies extracted from leased federal and tribal lands.
Federal prosecutors accuse a New Mexico woman of fraud in oil and gas royalty case
By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — A New Mexico businesswoman is accused of defrauding the U.S. government and two Native American tribes of taxes and royalties due to them for oil and gas that her companies extracted from federal and tribal lands. Federal prosecutors say Teresa McCown was recently indicted by a grand jury on several wire fraud charges and violations of the Federal Oil and Gas Royalty Management Act…
Associated Press News
Federal prosecutors accuse Albuquerque woman of fraud in oil and gas royalty case
Federal authorities say Teresa McCown consistently under-reported oil and gas production from leases on land belonging to the federal government, the Navajo Nation and the Jicarilla Apache Nation.
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