Published 2 years ago

Marco Perez Indicted for Frac Sand Ponzi Scheme

Summary by Ground News

Marco Perez, Jr., aka Sully Perez, 41, is the founder and director of Permian Basin Proppants, Inc. Perez allegedly used PBP to perpetuate a Ponzi scheme by soliciting investor money. He is charged with 12 counts of Wire Fraud and six counts of Engaging in Monetary Transactions in Property Derived from Specified Unlawful Activity.

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Marco Perez Indicted for Frac Sand Ponzi Scheme

Marco Perez Indicted for Frac Sand Ponzi SchemeMIDLAND (STL.News) Last week a federal grand jury in Midland returned an indictment charging a Keller, Texas man with operating a Ponzi scheme.According to court documents, Marco Perez, Jr., aka Sully Perez, 41, is the founder and director of Permian Basin Proppants, Inc. (PBP), a company headquartered in Midland that sells proppants such as sand for fracking operations. Between 2017 and 2022, Pere…

2 years ago

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crweworld.com

Man Indicted for Frac Sand Ponzi Scheme

MIDLAND – Last week a federal grand jury in Midland returned an indictment charging a Keller, Texas man with operating a Ponzi scheme. According to court documents, Marco Perez, Jr., aka Sully Perez, 41, is the founder and director of Pe

2 years ago

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Marco Perez Indicted for Frac Sand Ponzi Scheme

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Marco Perez Indicted for Frac Sand Ponzi Scheme

Marco Perez Indicted for Frac Sand Ponzi Scheme

Man Indicted for Frac Sand Ponzi Scheme

Man Indicted for Frac Sand Ponzi Scheme

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