Whodunit? Two Stockbrokers Murdered in Jersey; No Clues Message Board

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Pastimes : Whodunit? Two Stockbrokers Murdered in Jersey; No Clues

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From: StockDung	5/13/2008 3:00:25 PM
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Attorney sentenced for role in Global DataTel. stock fraud - Garden State Briefs Tuesday, May 13, 2008 nj.com An attorney who once represented one of two penny stock promoters killed nearly nine years ago was sentenced in Newark yesterday to probation and six months home confinement for his part in a stock fraud. Allen Barry Witz faced between 41 and 51 months in prison, but federal prosecutors submitted a letter to U.S. District Judge Joseph Greenaway outlining Witz's "outstanding" cooperation with authorities. His attorney, Lawrence Feld, said Witz has helped authorities for the past 7 1/2 years and continues to provide assistance in cases. Neither Feld nor Assistant U.S. Attorney Adam Lurie would detail which cases or the type of help Witz rendered. However, when Witz pleaded guilty to securities fraud in April 2004, he said he "talked to the government so many times to try to help them" in the slaying of his one-time client Albert Alain Chalem. Chalem and fellow promoter Maier Lehmann were killed in a gangland-style shooting in October 1999 in the Colts Neck mansion where Chalem lived. No one has been charged in the case. Yesterday, Feld said Witz was not the ringleader in the "pump and dump" case involving the stock Global DataTel. In arguing for probation, Feld also noted Witz has severe medical conditions that would be difficult to treat in prison. -- Greg Saitz nj.com

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