LAT: FBI Agents Named in Elgindy Associate Case
(L.A. Times 07/19 03:41:58)
Publication Date: Friday July 19, 2002
Page C-4
Los Angeles Times (Home Edition)
Copyright 2002 Los Angeles Times
From Associated Press
NEW YORK -- A former FBI agent charged in an insider-trading case gave
stock tips to at least two other agents in 2000 while he was still working
for the agency, according to a potential witness.
The agents were named in court papers unsealed Thursday in Brooklyn during
a hearing for Jeffrey Royer, a former agent charged in May with conspiring
with Internet stock analyst Amr "Tony" Elgindy of San Diego and another FBI
agent to commit fraud.
U.S. District Judge Raymond Dearie jailed Royer after learning he may have
violated his bail by contacting a former girlfriend, Christy Sarkey. He had
been free on $500,000 bond.
In a recent letter to the judge, prosecutors accused Royer of calling and
writing to Sarkey within days of his June release, despite Dearie's orders
to stay away from potential witnesses.
The letter argued that Sarkey, who is a police officer in Oklahoma, was a
potential witness because Royer, while investigating stock fraud for the FBI
in 2000, used inside information to give her a stock tip.
In an interview with the FBI, Sarkey said that she lost $4,000 on the deal
and that "she knows that other agents and perhaps some support staff
personnel invested with Royer," according to a report unsealed Thursday.
Sarkey named two agents, Charles Ruiz in New York and Todd Temple in San
Diego, as investors.
Neither the report nor any other court document accuses Ruiz or Temple of
wrongdoing.
Ruiz said Thursday that he was aware his name had surfaced in the case, but
he declined further comment. A call to Temple wasn't returned.
On Wednesday, an Elgindy associate, Derrick Cleveland, pleaded guilty to
racketeering conspiracy as part of a deal with prosecutors to testify for
the government. |
