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Strategies & Market Trends : Banned.......Replies to the A@P thread.

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To: EL KABONG!!! who wrote (860)12/16/2004 11:18:32 PM
From: ravenseye  Read Replies (1) of 5425
 
First of all, the scammers set up the scam.

Message 19078071

Weeks after taking the short positions, Elgindy would launch short-selling attacks on these companies by posting damaging information on his Web site, where he operated under the name "Anthony Pacific." Cleveland pleaded guilty to one charge and began cooperating with the government last year.

The new indictment alleges that in an Internet chat room on Jan. 12, 2001, Elgindy discussed the FBI investigation of a company and told his subscribers not to discuss the matter publicly, warning that, "If you do you will be pros(ecuted)." Elgindy has pleaded not guilty. His lawyer, Gerald Lefcourt, will argue that his client's words were part of the overheated rhetoric of Internet chat rooms.
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