Investor Alert > Anthony Sichenzio, Joseph Laura, & Walter Gil de Rubio— Alleged Crude Oil Processing Scheme

Posted Sep 20, 2018

by Alan Rosca

Anthony Sichenzio, Joseph Laura, & Walter Gil de Rubio— Alleged Crude Oil Processing Scheme

Anthony R. Sichenzio, Joseph M. Laura, & Walter Gil de Rubio Allegedly Raised $3.7 Million from 80 Investors through Sales of Securities of Pristec America, Inc.

Joseph M. Laura, Anthony R. Sichenzio, and Walter Gil de Rubio allegedly raised over $3.7 million from at least 80 investors through the fraudulent offer and sale of securities of Pristec America, Inc., according to SEC Reports under review by investor rights attorney Alan Rosca.

Alan Rosca, of the Rosca Scarlato law firm, is investigating activity related to Anthony R. Sichenzio, Joseph M. Laura, & Walter Gil de Rubio‘s alleged alleged investment fraud scam. Investors who believe they may have lost money in activity related to Anthony R. Sichenzio, Joseph M. Laura, & Walter Gil de Rubio are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Many of the aforementioned investors were reportedly social and business acquaintances of the defendants, and were purportedly made to believe they were being offered a special opportunity available only to friends and family, the SEC states.

Pristec America, Inc. is a U.S. company incorporated by Laura, and Pristec AG, the SEC notes.

Sichenzio, Laura, & Gil de Rubio Allegedly Offered & Sold Securities in the Form of Revenue Sharing, Stock Purchase & Convertible Loan Agreements

Joseph M. Laura, Anthony R. Sichenzio, and Walter Gil de Rubio allegedly offered and sold securities in the form of revenue sharing, stock purchase and convertible loan agreements, which Laura both drafted and signed, and Sichenzio signed, according to aforementioned SEC Reports under review by investor rights attorney Alan Rosca.

The aforementioned investment contracts in conjunction with said Defendants’ alleged oral solicitation of investors allegedly held a variety of fraudulent misrepresentations and omissions of material facts concerning the purported oil processing technology, the SEC reports.

Finally, the revenue sharing contracts also contained allegedly baseless and/or unreasonably optimistic projections concerning the timing and amount of investment returns investors could expect to realize, the SEC notes.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Anthony R. Sichenzio, Joseph M. Laura, & Walter Gil de Rubio‘s alleged alleged investment fraud scam. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Anthony R. Sichenzio, Joseph M. Laura, & Walter Gil de Rubio‘s alleged alleged investment fraud scam may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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