SEC freezes assets of $62m Bakken Ponzi scheme

US securities regulators have frozen the assets of an oilfield housing developer in North Dakota that they claim ran a multi-million dollar Ponzi scheme and are pursuing charges against its owners.

Bakken: Lots of land but nowhere to stay
Bakken: Lots of land but nowhere to stay
Published 19 May 2015, 17:45Updated 19 May 2015, 17:45