Oct 16
2000

On October 16, 2000, Ronald Joe Blackledge of Alvarado was convicted and sentenced to 12 years in prison and $388633.71 restitution in connection with convictions for Securities Fraud related to oil and gas offerings made through AllTex Petroleum of Alvarado.

Blackledge was convicted of intentionally failing to disclose inter alia that he was selling working interests he did not own, that he was using forged Conoco agreements, using false lease descriptions, that funds for oil and gas drilling were deposited into family accounts for personal purposes and for misrepresenting numerous facts to investors.

The Cause Number of the Case was F33303 in the 249th Judicial District Court, Johnson County.