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report scam| Country | United States |
| State | Texas |
| City | Dallas |
| Address | 9330 Lyndon B. Johnson Fwy, Ste. 900 |
| Phone | (214) 778-1405 |
| Website | https://www.prestonwoodresources.com/ |
Prestonwood Resources, LLC Reviews
Prestonwood Resources LLC. in Dallas, TX. This startup company has solicited my family offering what seems to be unregistered securities in an oil and gas investment named Star Lane 5 Joint Venture. Our due diligence uncovered that the owner Mr.George Rauch is partnered with a Mr.Gregory P. Fasciano. This information was gathered online from the Secretary of State Texas. There isn't much information to be found about these individuals except upon further review we discovered that Mr.Rauch has made an identity name change from George Benjamin Fasciano to George Rauch.
That raised some concern especially that his business partner Greg P. Fasciano just happens to have the same last name that Mr.Rauch previously had. We believe they could be related and working together to solicit investors. This discovery doesn't sit well in our minds and leads us to believe Mr.Rauch is under disguise and is trying to avoid being detected by the SEC or other regulatory agencies. According to "Broker Check" located on the Financial Industry Regulatory Authority website (FINRA) clearly shows that the SEC has permanently barred George B. Fasciano from acting as a broker or investment adviser or otherwise associating with firms that sell securities or provide investment advice to the public.
You can see for yourself by searching George Benjamin Fasciano or his CRD# 2478849 on the FINRA website. Please be aware and do not become a victim. Please do your due diligence as we have and if you have concerns you can file a complaint online with The Securities and Exchange Commission.