UPDATE 1-U.S. SEC accuses Breitling CEO, others, of $80 million fraud
June 24, 2016 at 12:10 PM EDT
NEW YORK, June 24 (Reuters) - The U.S. Securities and Exchange Commission on Friday charged Breitling Energy Corp, its chief executive and seven other people with defrauding investors out of around $80 million by misleading them about the value of oil and gas assets.
