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: olivier asser who wrote (89578)	1/24/2005 5:23:56 PM
From: scion	Read Replies (2) of 122087

That sums it up well. Greed led to his downfall - what a fool. In a statement released after the verdict, U.S. Attorney Roslynn R. Mauskopf said, "Under the guise of protecting investors from fraud, Royer and Elgindy used the FBI's crime-fighting tools and resources actually to defraud the public, and to insulate themselves from detection and prosecution. Elgindy 's conviction marks the end of his public charade as a crusader against fraud in the markets." Under federal sentencing guidelines, the extortion and racketeering charges each carry a maximum sentence of 20 years in prison, while the securities fraud and obstruction of justice charges each carry a maximum sentence of five years in prison. A date for sentencing hasn't been set.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next