Breitling Energy: Strippers, escorts and false offerings: SEC charges Breitling Energy CEO with running $80M oil and gas fraud

Chris Faulkner, the CEO of Dallas-based Breitling Energy Corporation - who dubbed himself the "Frack Master" on TV because of his expertise in hydraulic fracking - was charged by the SEC today of orchestrating an $80M oil and gas fraud. Faulkner, a frequent guest on CNBC, CNN International and Fox Business News, where he discusses the oil and gas industry, is being charged with disseminating false and misleading offering materials, misappropriating millions of dollars of investor funds and attempting...