A fourth man has pleaded guilty to being part of a $7 million securities fraud operation. Raymore resident Allen Collins admits he sold shares of Petrol America to people although he was not licensed to sell securities and even though state securities officials in Missouri and Kansas had told him to stop. The federal prosecutor says he involved with a group of ministers who sold shares to members of their congregations .
Raymore man pleads guilty to million-dollar fraud operation
April 6, 2012 By