Apr 10
2008

Kenneth William Elgin, of Tyler, Texas, doing business as West Coast Resources, Inc. and Trinidad Exploration, Inc., was sentenced on April 10, 2008, in the U.S. District Court, Eastern District of Texas, Cause No. 6:07cr43, after pleading guilty to wire fraud. Elgin raised $805,000 from investors, received through wire transfers, for oil and gas drilling projects that Trinidad, West Coast, and Elgin did not own or control. He was sentenced to 33 months in federal prison and ordered to pay restitution of $805,000.