KGTA - What does KGTA stand for? The Free Dictionary
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According to the investors, their broker Jerry Cicolani, with Primesolutions Securities at the time, recommended they invest in KGTA Petroleum (KGTA).
Securities and Exchange Commission, KGTA is a "sham oil trading business" and solicited investments by claiming that the company earned money through the purchasing and reselling of both crude and refined fuel (Release No.