In San Antonio today, a federal jury convicted 50-year-old
Brian Alfaro, owner of Primera Energy, LLC, of scheming to defraud investors in
his company, announced U.S. Attorney John F. Bash; FBI Special Agent in Charge
Christopher Combs, San Antonio Division; and, Internal Revenue Service-Criminal
Investigation (IRS-CI) Special Agent in Charge Richard D. Goss, Houston Field
Office.
Following an eight-day trial, jurors convicted Alfaro of
seven counts of mail fraud. Evidence
presented during trial revealed that from January 2012 to June 2015, Alfaro
offered individuals the opportunity to invest in numerous oil and gas
prospects, including the Screaming Eagle 4H Prospect in Gonzales County,
Screaming Eagle 6H Prospect also in Gonzales County, and Black Hawk Horizontal
Buda #1 Prospect. Investors mailed
investment checks to Primera in San Antonio.
Alfaro told investors their monies would be used for expenses related to
operation of the prospects, however, Alfaro used investor funds to support his
extravagant lifestyle.
Alfaro, who was remanded into the custody of the U.S.
Marshals Service following today’s verdict, faces up to 20 years in federal
prison for each mail fraud charge.
Sentencing is scheduled for June 22, 2020, in front of U.S. District Judge
Fred Biery.
The FBI and IRS-CI investigated this case. Assistant U.S. Attorneys Gregory J. Surovic
and Robert Almonte are prosecuting this case on behalf of the government.
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