Martin Lee @ Sg

Oilpods Receiver Updates

Earlier on, I visited the website of Powder River Petroleum to find out more updates about their lawsuit by Oilpods.

Powder River has already been placed into receivership for a host of charges brought against them – these includes operating a ponzi scheme and cheating thousands of Asian investors.

(Update: Powder River will be contesting those charges.)

The receiver has uploaded at the Powder River website quite a fair bit of information on what is happening.

However, the links don’t seem to be coded correctly. I managed to find the correct links to download the documents. Here they are for easy access:

Petition

Plaintiff’s First Amended Petition

Affidavits of Newsome, Chang, Lim Romine

Order Appointing Receiver

Plaintiffs Motion for Temp Restraining Order and Permanent Injunction

Plaintiffs Motion to Reduce Bond

Temporary Restraining Order

Initial Receivers Report