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Jul 25, 2007

* USA - Feds make busts in $75 million oil scheme

Home heating trucks firms shorted customers

Long Island,NY,USA -News Day, by Robert Kessler -July 19, 2007: -- By rigging the meters on heating-oil trucks, two oil companies shorted their customers on Long Island and in New York City out of millions of gallons and resold the oil on the black market for $75 million in cash, according to federal officials and sources... Federal agents Thursday morning seized dozens of heating-oil delivery trucks, raided oil terminals on Long Island and in the metropolitan area, and charged four top executives of two companies -- Mystic Tank Lines of Astoria and T&S Trucking of Brooklyn -- in the alleged fraud... (SEE VIDEO)

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