Texas 'Frack Master' bilked investors out of millions, SEC says

NEW YORK, June 27 (Reuters) - Texas oilman Chris Faulkner

built a high-profile public persona, raised millions for his oil

and gas ventures and courted politicians. But the SEC has

alleged that behind the scenes, he cheated investors out of $80

million to fund a "debauched" jet-setting lifestyle.

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