Golden Triangle Ventures Inc (GTVH)

[jbsliverer]

Some good tips at the SEC site with oil and gas scams.

Once they have your money, scam artists pay themselves first, often using funds to pay personal expenses. In the end, only some of your money may be invested in an actual oil or natural gas well, or none at all.

Sales Pitches Focused on Highly Publicized News. Scam artists read the headlines, too. Often, they’ll use a highly publicized news item, like volatile gas prices, to lure potential investors and make their “opportunity” sound more legitimate.

“Can’t Miss” Wells. Every investment carries some degree of risk so you should be skeptical of any oil and gas investment opportunity pitched as completely safe. Fraudsters often spend a lot of time trying to convince you that extremely high returns are "guaranteed" or "can't miss." Don't believe it.
High Rates of Return. Compare promised yields with current returns on well-known stock indexes. Any investment opportunity that claims you'll get substantially more could be highly risky. And that means you might lose money.

Investor Tidbit:
You might be surprised to learn that the Railroad Commission of Texas oversees the Texas oil and gas industry. Unfortunately, state oil and gas regulatory agencies don’t have uniform names. If you’re having trouble finding the agency that regulates oil and gas in a particular state, enter the State’s name - followed by “oil and gas” - into your favorite Internet search engine. The appropriate agency should be listed near the top of your search results. If you are still having trouble, call us at [phone].

More....
http://www.sec.gov/investor/pubs/oilgasscams.htm

Another good article

Texas sees spike in oil and gas fraud
http://www.bizjournals.com/houston/print-edition/2011/11/04/texas-sees-spike-in-oil-and-gas-fraud.html?page=all