SKYK (OTC:BB) SkyLynx Communications. Wireless ISP. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : SKYK (OTC:BB) SkyLynx Communications. Wireless ISP.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

From: StockDung	6/20/2010 3:48:43 PM
	of 42

Former exec gets 5-year term in stock fraud scheme CAMDEN, N.J. The former chairman of a Florida-based communications company has been sentenced to five years in federal prison for his role in a multimillion-dollar stock fraud and money laundering scheme. At sentencing Thursday in federal court in Camden, N.J., Gary L. Brown of Ellenton, Fla., also was ordered to serve three years of supervised release and to forfeit more than $651,000, which will be paid to his victims. Brown pleaded guilty in January to conspiracy to commit securities fraud, wire fraud and money laundering. Brown admitted that he and others conspired to artificially inflate the price of stock in Sarasota, Fla.-based Skylynx Communications Inc. and secretly sold their shares into the manipulated market, making millions.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext