Thunder part owner Aubrey McClendon indicted for oil and gas conspiracy

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Thunder part owner Aubrey McClendon has been in hot water for his business dealings for years.

Today, the indictment came down.

Joe Pramuk of CNBC:

Former Chesapeake Energy CEO Aubrey McClendon was indicted Tuesday on federal charges of conspiring to rig bids for oil and natural gas leases.

The indictment, filed Tuesday in Oklahoma, alleges that McClendon led a conspiracy between two companies not to bid against one another for purchases of some leases in Oklahoma. The leases give a company the right to draw oil and natural gas from the land for a certain period of time.

McClendon joined Clay Bennett in buying the Seattle SuperSonics in 2006 and eventually moving the team to Oklahoma City.