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Technology Stocks : Dell Technologies Inc.
DELL 132.08-0.8%Dec 1 3:59 PM EST

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To: jttmab who wrote (133521)6/22/1999 7:12:00 AM
From: jttmab   of 176387
 
OT - Internet Securities Fraud Conviction

North Carolina Man Pleads Guilty In Internet Hoax
LOS ANGELES (Reuters) - A man who posted a fake news story on the Internet earlier this year, in what prosecutors said may have been the first instance of Internet-based stock manipulation, pleaded guilty Monday to federal securities fraud. Gary Dale Hoke, 25, a former employee of PairGain Technologies Inc., was arrested on April 15 and charged with posting a bogus story that said PairGain was the target of a billion-dollar corporate takeover.

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