Prosecutors target former CEO of Mammoth Energy Services’ Cobra Acquisitions with fraud and conspiracy charges
Finally, the grand jury indicted
Ellison led Cobra while it bid for and obtained
In
Cobra Acquisitions in
However, the indictments stated that between
The grand jury stated Ellison provided to Tribble either directly or indirectly a helicopter tour over
The grand jury also accused Ellison of having secured a job for Patterson and of having provided airline tickets and hotel stays to Tribble.
The indictments stated that Tribble, in return, pressured the electrical authority to award business to Cobra and to accelerate payments to the company.
One example of that influence, the grand jury stated, was a situation in
Ellison, a decorated Army Ranger who served in
Before that, he served as a CEO, executive vice president and vice president at other companies in the utility industry during a civilian career that spanned 18 years.
Evidence of the criminal probe surfaced earlier this year when Ellison took the government to court challenging its seizure of numerous investment, checking and saving accounts in his name as well as a
The indictments issued Tuesday stated the government intends to enforce those forfeitures.
On Tuesday,
___
(c)2019 The Oklahoman
Visit The Oklahoman at www.newsok.com
Distributed by Tribune Content Agency, LLC.


Capital Caring hospice pays $3.1M federal settlement following Medicare billing investigation
Redlands, developer and contractor agree to $2.25 million personal injury settlement
Advisor News
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
More Advisor NewsAnnuity News
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity NewsHealth/Employee Benefits News
Life Insurance News