Steven James Denton: Indicted

Jun 18
2009

Steven James Denton was indicted by the Collin County Grand Jury on June 18 on charges of securities fraud and theft.

Denton allegedly sold interests in oil and gas exploration projects.

Denton raised at least $1.4 million from investors, but he allegedly used most of the money to pay his salary and personal expenses and not for energy exploration projects, as he told investors.