One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB Message Board

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Strategies & Market Trends : One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB

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To: Bear Down who wrote (511)	2/26/2000 11:29:00 AM
From: Fast Eddie	Read Replies (2) of 559

Bear Down, Here's the MSNBC story to go along with Mr. Goldfinger's post of the actual charges. Time does wound all heels. 1/2Fast Eddie Stock promoter charged with fraud Byron's reporting on investor Peter Tosto spurred SEC and DOJ investigations and, ultimately, criminal and civil charges Feb. 25 Thirteen months ago, MSNBC.com reported exclusively on the secret world of a securities swindler named Peter Tosto. The story detailed how Tosto, 35, while acting under the alias of Peter Lybrand, issued dozens of false and misleading press releases in late 1998 and early 1999, causing a group of worthless penny stocks to soar to more than $1.2 billion in value. msnbc.com msnbc.com

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