Apr 12
2012

Robbie Dale Walker of Dripping Springs was indicted on additional charges for an alleged oil and gas fraud targeting elderly investors.

A Hays County grand jury on April 12 indicted Walker for securities fraud, money laundering, selling unregistered securities and acting as an unregistered securities dealer or agent.

Walker was also indicted last year on a charge of theft related to the same alleged scheme.

Walker allegedly defrauded three elderly women of more than $250,000 by convincing them to invest in oil and gas programs.