Anthony @ Equity Investigations, Dear Anthony, 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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anthony@Pacific who started this subject	5/23/2002 9:06:52 AM
From: Kent Rattey	Read Replies (2) of 122087

Thursday May 23, 12:53 am Eastern Time Web Sites Run by Indicted Short Seller Elgindy Poised to Shut Down By: Carol S. Remond Dow Jones Newswires NEW YORK -- Two web sites owned and operated by famed short seller Anthony Elgindy will cease operations by early Thursday. Mr. Elgindy was arrested and charged with a slew of securities-related offenses earlier Wednesday. An e-mail message sent to subscribers of anthonypacific.com said that site and insidetruth.com would shut late Wednesday. A federal indictment handed down in Brooklyn , N.Y. , alleges that Mr. Elgindy employed two agents of the Federal Bureau of Investigation to get nonpublic, often criminal background, information about executives at companies that he would sell to subscribers of his Internet-based service. He would allegedly later more broadly disseminate that information via Internet chatroom postings in an effort to make the target company stock prices move lower, thereby financially benefitting him and others who bought his information, all of whom had already shorted the stock. -By Carol Remond 201.938.2074; e-mail: carol.remond@dowjones.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next