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Earlier oil case offers little hope
News and Events : In The News
May 2, 2007

For more information contact:
Joshua Menard
jmenard@preti.com
603-410-1500
603-410-1501

By LISA ARSENAULT, Concord Monitor


 

A cold snap was coming and oil prices were climbing when the flood of calls about the J.L. Oliver oil company hit the state's Consumer Protection Bureau in January 2000. Customers like Carol Lerp of Laconia and Dick Obyc of Somersworth were asking for help: Their oil dealer hadn't shown up in weeks to deliver prepaid fuel, and their tanks were almost empty.

In the months that followed, state lawyers would piece together the stories of Lerp, Obyc and more than 1,000 other J.L. Oliver customers, uncovering a trail of bad business decisions and failed promises that left so many without oil in the middle of a cold winter. And although the company's owner, Jonathan Oliver, was ultimately convicted of fraud for taking money from customers with no hope of delivering oil, Oliver never repaid those customers, nor was he required to serve jail time. He didn't file for bankruptcy until four years later.

For the complete story, click here.

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