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Oil Exploration #284529

CBS Evening News for Tuesday, Jun 29, 1982
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(Studio) Report introduced
REPORTER: Dan Rather

(Shawnee, OK) Indictments reported lodged against James McConnell and Raymond Starns for fraud in oil exploration sites, such as that at J.D. Hood's farm, noted. [HOOD - notes sales pitch team gave him.] [FBI spokesperson Edwin ENRIGHT - estimates number of 1981 investigations into scams.] [OK Sec. Commission Frank MARLEY - notes extent of fraud.] Coy Everett's variation of pyramid scheme described. [Investor Lindy CANTRELL - thinks greed took over.] [Dorothy TYLER - notes scheme's impact on business] Oklahoma Independent Petroleum Association noted advising public.
REPORTER: Steve Kroft

Kroft, Steve;
Rather, Dan

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