Christopher Carey is one of the Worlds Greatest Investigative Reporters. I know I am biased since by Bryant Cragun/Ziasun SLAPP suit has put him on the map. He should have won the Loeb Award. He exposed Bryant Craguns global Boiler Room Operation. Where is the SEC and where are the reporters like thestreet.com which at one time tore me to shreads and painted me as a Basher who was cybersmearing good people like CRIMM Cragun and crew? Where is the SEC and DOJ? Where was Brent Baker of the SEC who had 6 lawyers boxes full of documentation on these crooks? What amazes me is that all the press about Cuban does not even mention what stories made Christopher Carey a great reporter.
Here are some of them. My favorite as you know is "Muckraker digs up dirt on companies, posts it on Net
06/13/2004"
FURTHER VINDICATION FOR THETRUTHSEEKER!!
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Stock fraud on a global scale stltoday.com
Just as the U.S. manufacturing and technology industries have gone offshore in search of lower costs and looser operating restrictions, so has the stock-fraud industry. Post-Dispatch reporter Christopher Carey has looked into their operations for nearly three years; this is what he found.
Topics: Day 1 | Day 2 | Day 3 | Follow-up | Graphics | Outside resources
Day 1
Investors are losers in high-tech shell game
06/11/2004
Just as the U.S. manufacturing and technology industries have gone offshore in search of lower costs and looser operating restrictions, so has the stock-fraud industry. [more]
About the project
06/11/2004
Reporter Christopher Carey was gathering information three years ago on Chequemate International Inc., a newcomer to the area, and was surprised by its claim of operating a 3-D television business. [more]
Regulation S
06/11/2004
A little-used financing mechanism authorized by the U.S. Securities and Exchange Commission has caused big trouble for thousands of foreign investors. [more]
'Boiler rooms' cloak themselves in stolen legitimacy
06/11/2004
Firms whose identities have been lifted include a brokerage arm of H&R Block Inc. [more]
Scottish man did sleuthing - and still got taken
06/11/2004
$30,000 for daughter's education vanished . [more]
Illinois town got taken by firm with a false front
06/11/2004
Doing business with a penny stock company can be perilous, as Canton, Ill., learned after Canton Industrial Corp. set up a tire recycling business there in 1992. [more]
Overseas boiler room feels the heat: SEC case marks breakthrough
06/11/2004
Fraud suit also targets 5 companies in U.S. . [more]
Day 2
Foreign investors see red over 3-D firm with local ties
06/09/2004
[more]
Australian rancher bought shares, received nothing
06/13/2004
He lost $130,000 investing in Chequemate, 6 other companies. [more]
Muckraker digs up dirt on companies, posts it on Net
06/13/2004
His goal? To help federal investigators track down stock fraud [more]
Dying firm is revived for offshore trading
06/13/2004
The hard-luck tale of Almost Country Productions Inc. is enough to inspire a classic barroom weeper. [more]
Day 3
Rogue brokers resurface overseas
06/14/2004
The securities industry thought it had seen the last of Frank L. Palumbo. [more]
Man who cleaned up on fraud now helps uncover it
06/14/2004
Barry Minkow defines fraud as the skin of the truth stuffed with a lie. [more]
How to avoid falling prey
06/14/2004
Here are some tips from the U.S. Securities and Exchange Commission for avoiding boiler room schemes: [more]
SEC assserts it can tackle high-tech fraud
06/14/2004
William H. Donaldson, chairman of the Securities and Exchange Commission, says the regulatory agency is focusing on the future as its looks for better ways to fight all types of fraud. [more]
Follow-up
Firm's operations could trouble voters
08/13/2005
"Boiler rooms" sell shares of company that makes voting machines. [more]
Execs blame stock seller in fraud case
07/21/2005
Netspan claims firm sold shares for more than agreed-upon price. [more]
Fake brokerages filch details of legitimate companies
05/22/2005
Illinois banker finds himself featured on "boiler room" Web site. [more]
Brokers use aliases derived from victims of 9-11
02/13/2005
By Christopher Carey Of the Post-Dispatch [more]
Defendant turns over unusual assets
02/13/2005
[more]
Alleged securities schemer gets snared by prosecutors
02/11/2005
Authorities allege that his boiler rooms use bogus Web sites and forged documents to bilk investors. [more]
Graphics
Anatomy of a boiler room operation
06/11/2004
Boiler rooms typically operate from inexpensive, out-of-the-way offices. Here is how a boiler room operates. [more]
Anatomy of a scam: How one investor was taken in
06/11/2004
When Scottish geologist Adrian Charters got an unsolicited call in 2002 from a broker offering him shares of a hot American biotechnology company that had filed for an initial public stock offering, he was skeptical. [more]
Boiler rooms copy legitimate web sites to boost credibility
06/11/2004
Others have gone so far as to appropriate photos, professional biographies and even names from the online homes of actual brokerages. [more]
Outside resources
How to check for boiler room sites
06/11/2004
These nations have provided Web sites where consumers can try to determine whether stock sellers are legitimate. [more] |
