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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: carranza2 who wrote (5966)8/23/2000 10:56:18 AM
From: Q.  Read Replies (1) of 7056
 
The SEC suit against Michael Gause is for:

a massive Ponzi Scheme ... The Complaint alleges that Gause and Homa stood at the top of a multi-layered marketing scheme that sold notes and bonds as part of a massive Ponzi scheme that may have raised as much as $300 million since its inception.

details here:
sec.gov
sec.gov

His assets are in receivership, and his interest in LFT is among those.

Still don't know if it's the same LFT, but there's something about the stuff in italics above that has the right kind of smell.

BTW, carranza2, which page mentions Becka and airplanes? Did the airplane belong to the same Gause who has an interest in LFT?
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