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Judge: Pair must forfeit $33 million in oil scheme

By Brett Barrouquere
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LOUISVILLE, Ky. (AP) — Two men convicted in an oil-and-gas drilling scheme in which investors lost millions of dollars have been ordered to forfeit $33 million in cash, cars and property.

The decision by U.S. District Judge Karen K. Caldwell in Lexington brings to an end the long-running saga of 50-year-old former attorney Bryan Coffman and 60-year-old Tennessee businessman Gary Moss Milby, who were convicted in May 2011 of multiple charges of mail, wire and securities fraud.

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