It's a factual statement...not unfair. I don't know the details behind the project he was promoting. I never said anything about fraud. I did not charge him with fraud.
I can tell you..in my opinion...if someone has to call me to investing in a "great oil deal" it's a red flag to me. They would be funding it themselves.
Trust me...I've talked to dozens of cold callers and some have told me the truth behind the scenes.