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

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To: Jeffrey S. Mitchell who wrote (1132)9/12/2011 7:51:50 PM
From: StockDung   of 1156
 
Ziasun's D. Scott Elder buys murdered Colts Neck promoters domain name stockinvestor.com

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Violence turned the public's attention to possible organized crime involvement within the securities markets on October 26, 1999. Stock promoters Maier S. Lehmann and Albert Alain Chalem were found shot to death execution style in a home in Colts Neck, New Jersey. At the time, Lehmann and Chalem ran an Internet web site, Stockinvestor.com, which touted penny stocks. The SEC had previously sued Lehmann for his role in a penny stock manipulation. Chalem had been a broker at A.S. Goldmen, a now-defunct boiler-room operation that has been the subject of both civil and criminal securities fraud charges. While no one has been charged yet in the murders, media reports have cited close ties between Chalem and organized crime. 25 sec.gov
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