SSOL / SSOLW -- SmartServ Online Services 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.

Microcap & Penny Stocks : SSOL / SSOLW -- SmartServ Online Services

SSOL 4.480

+51.9%

Jan 15 3:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sir Auric Goldfinger who wrote (210)	1/2/2001 7:50:40 PM
From: StockDung	Read Replies (1) of 266

Word Search Results For: MEYERS POLLOCK ROBBINS tenkwizard.com I wonder is this is the same MEYERS POLLOCK ROBBINS? More Than 40 Charged in Stock Fraud -------------------------------------------------------------------------------- Story Filed: Thursday, April 27, 2000 2:25 AM EDT NEW YORK (AP) -- More than 40 employees of a securities firm have been charged with promoting worthless stock that cost investors more than $83 million. District Attorney Robert Morgenthau said Tuesday that 22 people pleaded guilty and 20 others have been indicted on charges of lying to 16,000 investors about themselves, their firm and the stock they were selling. The firm, Meyers Pollock Robbins Inc., was charged with enterprise corruption. The brokerage had offices in New York, Las Vegas and Florida. The brokerage was shut down by regulators in 1997. Prosecutors said some of its salesmen took bribes from mobsters to promote certain stocks and drive up their prices. One Meyers Pollock victim was a nursing home resident who lost more than $100,000 after the company's brokers made unauthorized trades, Morgenthau said. He said she lost 95 percent of her money and her son-in-law had to take a second job so that she could stay in the nursing home. Morgenthau said the indictment covers frauds in which investors lost $83 million, but he estimated that the total lost during the company's existence from 1992 until 1997 was about $176 million. Meyers Pollock brokers allegedly pushed almost two dozen worthless stocks, none of which are traded now. Copyright © 2000 Associated Press Information Services, all rights reserved.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next