Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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To: rrufff who wrote (1789)	9/21/2006 11:48:31 PM
From: ravenseye	Read Replies (1) of 5034

$15 million in clients' assets -- either misappropriated by the fund's principals or lost in equity trades gone bad, according to the suit. SEC Case Against Entrust Fund Nears Settlement 2006-09-21 pg 1 blackenterprise.com ...Also detailed in the SEC complaint was a secret deal Messrs. Mathur and Johar formed with Robert Zanotti, a broker with Boston- based Kimball & Cross Investment Management Corp. that handled a securities brokerage account for Entrust. According to the complaint, Mr. Zanotti sent the Entrust principals "kickback checks" on a monthly basis amounting to their share of 90% of K&C's commissions for the Entrust business. Mr. Zanotti is also alleged to have paid expenses and purchased goods for Mr. Mathur, including a Mercedes automobile. K&C was not named as a defendant in the SEC complaint. ... pg 2 blackenterprise.com

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