Maybe I shouldn't have used the word "fraud". Clearly you are saying Doug is not a good guy because his company had this compliance issue. That's not fair. Anyone involved in a national business knows how challenging 50 states rules of compliance can be missed from time to time. No big deal.
Your reply brings up another point entirely, i.e. all O&G cold callers are bad news. I believe there are good guys in that industry, so I would disagree but that is another discussion.
If you are saying Doug is bad because he cold called for O&G company, that is a really broad brush and I believe many successful O&G investors would disagree with you. Success is out there but there is FAR more bad than good in that industry, so I totally get where you are coming from. It's just not a fair statement to make, i.e. Many/most people are hurt in this industry so the whole industry is bad.
