I received a tip from an anonymous source that stated that he was recently approached by Larry Shultz (pictured below) for an investment in the “oil separation chemical scam”. He said that Larry was trying to present David and Tom as inventors that have no business sense, “but have a great idea” as an excuse for their criminal activity. I find it deplorable that he is, TO THIS DAY, continuing David’s con job on innocent investors. He doesn’t even care that David and Tom were just found guilty of fraud by a federal grand jury! Clearly nothing will stop this scam unless the government takes action against EVERYONE involved (including this Shultz character).
I told this tipster that he should contact the FBI and let them know of the recent criminal convictions of his partners. Hopefully the authorities will stop this scam, and place all the perpetrators in prison. Enough innocent people have been hurt!
I wouldn't be surprised if he helps them flee before their prison sentence.
Larry Shultz:
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