Mason Matschke & Empire Petroleum's Outrageous Conflicts The Mulaceks use of Mason Matschke and the outrageous conflicts this creates are so stunning they illustrate the scale of what is going on in the Mulacek web of collusion between Empire Petroleum and Energy Evolution Fund. And this is just what we can see from the public disclosures! Ask yourself why they would be forced into doing something so shady? When will the SEC or FINRA act on this? To summarise :-
- Mason Matschke is the former stockbroker who now sits as the Chief Compliance Officer for the Energy Evolution Fund managed by Sterling Mulacek. Mason is the former personal broker for Phil Mulacek (Sterling’s dad and the Chair of Empire Petroleum)
- This would be a bizarre appointment for a veteran stockbroker in any circumstances but given Matschke’s FINRA disclosure history, involving him paying settlements reaching well into seven-figure levels for his unfortunate clients, why would anyone suddenly transform him into a Chief Compliance Officer for their fund?!
- Energy Evolution Fund has almost all of its capital invested in Empire Petroleum, whose board Matschke sits on! Since when does a fund Chief Compliance Officer also sit on the board of the company in which almost all the fund’s capital is invested (few funds in the world can have so concentrated an investment 'strategy')! Could there possibly be any greater conflict of interest for someone charged with compliance?