The worst CEO of 1997... Vote Here! Message Board

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Pastimes : The worst CEO of 1997... Vote Here!

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To: JEFF CHAPMAN who wrote (1)	12/1/1997 9:49:00 AM
From: Mike Gold	Read Replies (1) of 89

Jeff, I have to add my vote for Mohammand Zayed, the former GIFS CEO. I believe he more criminal charges against him that the rest of the nominees combined. Who else can claim that they are being hunted by the FBI, SEC, Customs, State of Tennensee, even individuals investors not to mention several soverign nations? I believe the scam that he almost pulled off had more finese than the Bre-X scam thou at a much smaller scale. I think the only thing they recovered from the company was his Rolls Royce and a couple of cats. (Not sure if the cats have been brought up on federal charges as evidence is scanty and the cats aren't talking!) He was so crafty that his employee's received their weekly pay cheeks by wire from Costa Rica! His downfall was a stolen briefcase which was found to contain bundles of money, jewels, and unregistered GIFS shares which he was dumping around the world while proclaiming a share buyback program at the same time! I knew I was in trouble when the SEC halted trading and included more than a dozen aliases that he commonly used on the document. His famous last words before he fled the country was-"GIFS is like the phoenix-it will rise again from the ashes". Investors, beware!

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