Scammers try to get people to invest in fake oil and gas companies or fake investments tied to natural gas, wind, and solar energy.
Scam artists approach investors through emails and phone calls with false reports of an "up-and-coming" opportunity to become involved in an oil and gas limited partnership. Scammers follow the headlines and build a pitch around what is in the news. They will tell investors that a large oil or gas company has invested in this venture to make it sound legitimate. They may have a legitimate-looking website, glossy brochures and research. Promotional material may also include falsified reports about actual drill sites and production estimates.