Anthony @ Equity Investigations, Dear Anthony, Message Board

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To: Francois Goelo who wrote (79096)	4/24/2003 3:18:03 PM
From: StockDung	Read Replies (1) of 122087

SECURITIES LAW RECIDIVIST SENTENCED TO OVER 5 YEARS IN PRISON On April 22, the U.S. District Court for the Eastern District of New York sentenced Dr. Jui-Teng Lin to 5 years and 10 months in prison for securities fraud and money laundering. Dr. Lin was convicted by jury trial on Dec. 13, 2002. According to the evidence at trial, Dr. Lin manipulated the common stock of Surgilight, Inc., a publicly traded company headquartered in Orlando, Florida. Dr. Lin settled a prior civil action brought by the Commission in 1998 by consenting to a permanent injunction against further violations of the federal securities laws [see SEC v. Jui-Teng Lin and Yuchin Lin, Litigation Release No. 15870 (Sept. 3, 1998)]. Dr. Lin's violation of that injunction resulted in an enhancement of his sentence in the Surgilight case. Simultaneously with his indictment, the Commission filed a civil action against Dr. Lin and others in the U.S. District Court for the Middle District of Florida arising out of the same securities fraud for which he was convicted. That action is pending. For further information, see Litigation Release Nos. 17899 (Dec. 17, 2002) and 17469 (April 11, 2002). [U.S. v. Jui-Teng Lin, CR-02-0423, DGT, EDNY] (LR- 18099)

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