Globalstar Memorial Day Massacre Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Globalstar Memorial Day Massacre

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (518)	5/27/2005 9:21:57 AM
From: Dennis Roth	Read Replies (1) of 543

We could also celebrate A&P's continued absence on Memorial Day. He could be out of circulation for some time: Message 20985256 excerpt: Elgindy was convicted of racketeering, securities fraud and extortion for his role in the scheme. He dropped his face into his hands and sobbed uncontrollably as the jury foreman read the verdict; U.S. marshals led him weeping from the courtroom. The charges carry a sentence of up to 20 years in prison. Message 20986469 excerpts: Elgindy was convicted along with former FBI agent Jeffrey Royer, who was found guilty of racketeering, securities fraud, obstruction of justice and witness tampering for tipping off Elgindy to confidential FBI investigations. In 1999, Elgindy pleaded guilty in Fort Worth to one count of mail fraud after federal prosecutors indicted him on nine counts of fraud. He was ordered to pay $20,000, serve four months in prison and serve three years' probation. The prior felony conviction, say prosecutors, will be a factor in sentencing. U.S. District Judge Raymond Dearie has not set a date for sentencing, but Elgindy and Royer each face 10 to 15 years in prison.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next