Nov 17
2012

Sami A. London, a Euless resident, was arrested Nov. 17 in Tarrant County after being indicted in September on charges of securities fraud, theft, money laundering, and securing the execution of a document by deception.

The indictments charge London with stealing money from investors in an oil drilling project in Falls County, near Temple.

London allegedly misrepresented to investors that their funds would be deposited in a segregated account. He also paid for his personal expenses with investors' money.