Cases / Energy & alternative assets
Provident Royalties LLC, Provident Asset Management LLC
Brendan Coughlin, Henry Harrison, Paul R. Melbye, W. Mark Miller
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Provident Royalties LLC, Provident Asset Management LLC
- Industry
- Oil and gas private placements
- How investors were recruited
- About 7,700 investors throughout the U.S.
- Pitch & red flags
- funds "would be used only for the oil and gas project for which those funds were raised"; concealed loans to co-founder Joseph Blimline
Pitch phrases from this case
Source
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