Join The Discussion

 

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

read more >

Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

read more >

Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

read more >

Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

read more >

Fort Worth man faces 20 years for oil and gas scheme

FORT WORTH, Texas (AP) — A North Texas man faces up to 20 years in prison in an oil and gas Ponzi scheme that attracted nearly $6 million in investments before he fled to Oregon.

Jeffrey Watts of Fort Worth pleaded guilty Wednesday to wire fraud.

The 41-year-old Watts was charged in March and arrested in May in Eugene, Oregon. He faces sentencing later this year in Fort Worth.

Investigators say Watts since 2011 ran a scheme to defraud oil and gas investors. He presented himself as founder of a company named Blue Alpha Energy and claimed making investments with another legitimate firm, but instead funneled the money to sham accounts and businesses.

Prosecutors say Watts received nearly $5.8 million from about 45 investors before several learned that no legitimate energy deals existed.
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?