{"id":1039,"date":"2012-03-22T22:23:57","date_gmt":"2012-03-22T22:23:57","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2012\/03\/three_oil_service_executives_f"},"modified":"2012-03-22T22:23:57","modified_gmt":"2012-03-22T22:23:57","slug":"three-oil-service-executives-f","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/three-oil-service-executives-f\/","title":{"rendered":"Three Oil Service Executives Face SEC Charges in Texas Court For Allegedly Bribing Nigerian Customs Officials"},"content":{"rendered":"

\t\t\t\tIn the U.S. District Court for the Southern District of Texas, the SEC has charged three oil services executives that were allegedly involved in a scam to bribe Nigerian customs officials with Foreign Corrupt Practices Act violations. The men are accused of using these payments to seek illicit permits for oil rigs. <\/p>\n

The three men charged are former Noble Corp. controller Thomas F. O’Rourke, ex-CEO Mark Jackson, and former Noble Nigerian subsidiary manager James Ruehlen. Jackson and Ruehlen allegedly are the ones that bribed the officials to get them to process the bogus paperwork that was supposed to demonstrate re-import and export of the oil rigs even though the rigs were “never moved.” <\/p>\n

According to the SEC, the purpose of the scam was to prevent Noble from losing business and suffering substantial costs for exporting rigs from Nigeria and requiring new permits to re-import them. O’Rourke, who was also in charge of Noble’s internal audit, is accused of playing a hand in approving the bribes and letting them fall under the area of legitimate operating expenses. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

In the U.S. District Court for the Southern District of Texas, the SEC has charged three oil services executives that were allegedly involved in a scam to bribe Nigerian customs officials with Foreign Corrupt Practices Act violations. The men are accused of using these payments to seek illicit permits for oil rigs. The three men […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3750],"tags":[],"class_list":["post-1039","post","type-post","status-publish","format-standard","hentry","category-texas-securities-fraud"],"yoast_head":"\nThree Oil Service Executives Face SEC Charges in Texas Court For Allegedly Bribing Nigerian Customs Officials — Investor Lawyers Blog — March 22, 2012<\/title>\n<meta name=\"description\" content=\"In the U.S. District Court for the Southern District of Texas, the SEC has charged three oil services executives that were allegedly involved in a scam to — March 22, 2012\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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