Anthony @ Equity Investigations, Dear Anthony, Message Board

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

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To: afrayem onigwecher who wrote (92341)	11/16/2005 10:44:17 AM
From: StockDung	Read Replies (1) of 122087

Durando, Jaffe, and Dotoli laundered restrictive legends from Durando's share certificates so that the restricted shares could be passed off to the public as "free trading." Durando then paid IP Equity, Inc., a private California corporation that operated an Internet-based stock newsletter, and its principals, M. Christopher Agarwal and Theodore Kunzog, to publish false publicity and bogus recommendations about PacketPort.com in order to pump up the stock price. The share price more than quadrupled following the false publicity, rising from about $4.75 to a high of about $19.50.

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