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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: Bear Down who wrote (17988)2/8/2006 11:29:27 AM
From: StockDung   of 18222
 
Los Angeles penny stock promoter Stephen Sayre, wanted in the United States for allegedly defrauding investors of more than $1 million US, was arrested by members of Vancouver's RCMP Integrated Market Enforcement Team on Friday.
David Baines, Vancouver Sun
Published: Tuesday, February 07, 2006
Los Angeles penny stock promoter Stephen Sayre, wanted in the United States for allegedly defrauding investors of more than $1 million US, was arrested by members of Vancouver's RCMP Integrated Market Enforcement Team on Friday.

Sayre, 49, was arrested without incident at a private residence in east Vancouver and taken into custody. He made his first appearance in B.C. Supreme Court on Monday morning.

Judge Allan Stewart adjourned the matter until Wednesday to give Sayre time to obtain counsel and consider whether to make an application for release on bail pending the outcome of an extradition hearing.
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