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Young Oil review: Investment fraud 1

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9:23 am EDT
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Colt Ledger & Associates Inc.
A Licensed Private Investigation Firm

Our Mission:
To bring about justice, integrity, trust and fairness by leveling both public and private arenas, restoring the honorable principles and values on which America was founded by aggressively confronting corruption, fraud, and those who hold themselves above the law; to make wrongs, right by giving voice and action to the victims.

PRESS RELEASE

Anthony Young Sentenced to 33 Months in Prison

August, 20, 2014. Tompkinsville, Ky.- U.S. District Judge Thomas B. Russell sentenced Anthony L. Young of Young Oil to 33 months in prison on Aug. 19 for scamming investors in Kentucky and Tennessee out of $20 million in three oil partnerships.
Young was facing up to 57 years in prison, but he only received 33 months because of a plea bargain to pay $1 million in restitution to more than 50 investors out of the 200 who invested in his company, $493, 000 in back taxes to the Internal Revenue Service and assistance in helping prosecutors locate any property worth more than $5, 000 that he transferred to third parties while running the investment scam.
Young scammed his investors out of $20 million, most of which he used for personal gain. He had a jet, a helicopter, a corvette and the biggest belt buckle he could find, to name just a few of his many expensive toys.
Young’s attorney, Fred Partin, requested that Young be placed in a treatment program while in prison. Judge Russell agreed to the request and suggested that Young be placed in a federal prison near his family.
Colt Ledger & Associates Inc. is representing 35 of the 200 investors Young scammed. Those at Colt Ledger feel that Young got off easy and that he is basically being paid to go to prison. According to Ledger, Young profited $18, 507, 000 from his scam after being ordered by Judge Russell to pay back only $1 million of the $20 million he scammed out of investors, and then the $493, 000 in back taxes to the IRS.
The federal bankruptcy case against Young is currently pending.
If you have any questions or comments, please contact Colt Ledger & Associates, Inc. at [protected], or at [protected]@coltledger.com.
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Bluescamhill
, US
Dec 29, 2015 11:43 am EST

Dr. H.C. “Blue” Hill, Executive VP/Senior Partner, of M. R. Cox, Inc., is a graduate of Kirby High School, Woodville, Texas; Southeastern Louisiana University with a B.S. in Agribusiness: Louisiana State University with a M.S. in Soil Chemistry, a M.S. in Phytopathology and a PhD in Entomology. He also holds numerous other advanced degrees in various fields. Blue’s work ethic and tenacity to see things through are a result of his parents’ influence and being reared in rural Southeast Texas. He served his country during the Vietnam War and returned home to attend college on the GI Bill. He finished his degreed programs through academic scholarships in record time while maintaining a 3.7 GPA.
He has traveled, worked, and lived all over the world as a Project coordinator, Manager and Consultant to individual mega-farmers, commercial farmers and foreign governments on agribusiness enterprises. He has served as an expert witness in agriculturally related deaths. He has written many published articles on a wide range of subjects. He and his wife, Dr. Patricia Hill, have also traveled extensively, conducting seminars on Family and Life Skills. Blue’s Sales Training Seminars and his Motivational and Life Skills Workshops have always been well attended.
Blue has recently completed 20+ years of managing single and multiple franchised automobile dealerships. Overseeing and directing the day-to-day operations of multi-million dollar inventories and customer driven service facilities has given Blue a tremendous insight into what it takes to build a successful business. He has been the consummate professional, attending several hundred hours of business, sales, management, creative thinking and writing, business and employment law, and negotiating seminars presented by the top experts in the field, at his own expense.
Blue’s exposure to the oil and gas industry dates back to January 10, 1901 on a knoll outside Beaumont, Texas. His Grandfather, Ezra Estes Bellar, a Cajun, was a young roughneck, working with Anthony Lucas drilling the well that would create Gulf Oil, Amoco, and Exxon. That knoll was called Spindletop. Blue’s Grandfather and uncles went on to become involved in every aspect of the emerging oil and gas industry of Southeast Texas an Southwest Louisiana. All male members of the immediate and extended family worked in these oil and gas fields. The down turns and the wildcat nature of the business took its toll. The “bust” of the 1980’s ended the family’s endeavor. Their last well stopped pumping in the mid 1990’s.
Blue and Patricia moved from Atlanta, Georgia to a 200+ acre farm in South Central Kentucky in 2004. They met Marty Lile that year and the oil and gas flame was reignited. Blue became heavily involved in working with investors on drilling projects in the Appalachian Basin. He also pursued and increased his personal investments in lease plays in Texas.
By early 2006, through his own personal success, it became apparent that the oil and gas lease plays in Texas, Louisiana and Oklahoma offered his clients better opportunities for profit. He and Marty Lile joined forces and launched M.R. Cox, Inc. with a common goal of offering investors more lucrative investment options, maximum tax advantages and an open door policy. Thus the Mission Statement: “M.R. Cox, Inc. offering investors the advantages of a Direct Participation investment with the transparency of a public held company.”
Blue is an avid gardener and family man who spends his leisure time with his wife on their farm with their menagerie of rescued animals. They do have an extensive collection of photos which they will readily share of their two daughters, tow son-in-laws and five grandchildren that they visit often.

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