DJ Short-Seller Anthony Elgindy Arrested By FBI In San Diego
05/22/2002 Dow Jones News Services (Copyright © 2002 Dow Jones & Company, Inc.)
By Michael Rapoport and Carol S. Remond Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Anthony Elgindy, the controversial short-seller and online stock commentator, has been arrested on charges of racketeering, insider trading and market manipulation, a government spokeswoman said Wednesday.
Jan Caldwell, a spokeswoman for the San Diego field office of the Federal Bureau of Investigation, said Elgindy, who lives in the San Diego area, was arrested at his business Tuesday.
Details of the charges against Elgindy weren't immediately available. A spokeswoman for the U.S. Attorney's office in Brooklyn, N.Y., from which the charges originate, said the office would issue a statement about the Elgindy case soon. |