REPLY TO TOKYO's attempt to discredit me..Lets get the other side of the story..also TO EVERYONE get the very next two issue of Businesweek and you will see the follow ups by Gary Weiss..in which the conclusion to the story is told.. ( You must learn to offer all the info not just a one-sided coin ) Dont you have one single shred of decency in you??
Since we all know that Jordan Belfort was trying to buy into my Firm through a front guy and I have made all the tapes and proved he was involved and provided all the tapes to the FBI and the SEC and to the court lets see what happened to a Multi millionaire who came after me..when he was really a dirty scumbag...Hmmmmm
( THE FEDS MOVED PRETTY FAST AFTER THAT ARTICLE THEY GOT HIM IN JAIL WITHIN 9 months of being given my tapes and research material)
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Headlines for Categories: SEC and JORDAN BELFORT
WIRE TIME Page 1
1) BN 9/11 Ex-Stratton Oakmont President Ordered to Stay in Jail by Judge
2) BN 9/03 Stratton Oakmont Execs Indicted for Securities Fraud (Update2)
3) BN 9/03 Stratton Oakmont Execs Indicted for Securities Fraud (Update1)
4) BN 9/03 Stratton Oakmont's Top Executives Indicted for Securities Fraud
NOW lets see the Text!!!
Page 1 of 3
BN Ex-Stratton Oakmont President Ordered to Stay in Jail by Judge
Sep 11 1998 14:30
Ex-Stratton Oakmont President Ordered to Stay in Jail by Judge
New York, Sept. 11 (Bloomberg) -- A federal judge in New
York ordered the former president of Stratton Oakmont Inc., a
defunct brokerage firm, to stay in jail until his trial.
U.S. District Judge John Gleeson in Brooklyn, New York
yesterday ruled that Daniel Porush be ''permanently detained'' in
a New York jail until trial because he's a flight risk, said
Charles Stillman, Porush's attorney. Stillman said he may appeal
the decision because doesn't think Porush is a flight risk.
Federal prosecutors last week charged Porush, 41, and former
Stratton Oakmont Chairman Jordan Belfort, 36, with illegally
earning $5 million by misusing a Securities and Exchange
Commission exemption for foreign sales of U.S. securities. They
also were accused of offering $2 million to a potential witness
to conceal evidence. Both were arrested Sept. 2.
Belfort has been released and confined to his home on a $10
million secured bond, said Gregory O'Connell, Belfort's attorney.
He wears an electronic bracelet, O'Connell said.
Porush and Belfort are scheduled to reappear in federal
court Oct. 9.
Story 1 / 4 : 99 <GO> for list of story options. Equity T N I
Page 2 of 3
Prosecutors charged Porush and Belfort with 27 counts
including securities fraud, money laundering and obstruction of
justice. Both were previously barred from the securities
industry.
Stratton, based in Lake Success, New York, was expelled from
the securities industry by National Association of Securities
Dealers regulators in December 1996 for a history of sales
abuses. It's being liquidated under the supervision of a court-
appointed trustee.
--Betsy Jelisavcic in New York (212) 233-2257, through the New
York newsroom (212) 318-2300 /ag
Story illustration: For graph of today's Dow Jones Industrial
Average, enter INDU <Index> GIP.
Company news:
6813Z US <Equity> CN Stratton Oakmont
News by category:
NI SEC SEC
NI SCR Securities
NI LAW Legal
Page 3 of 3
NI NASD NASD
Regional news:
NI NY N.Y.
NI US U.S.
News on people:
For news about any of the people mentioned in this story, type
WHO followed by the person's name and <Go>.
For more stories about Stratton and the law, enter 6813Z US
<Equity> TCNI LAW.
-0- (BN ) Sep/11/1998 17:30
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You could be next...Looks Like I was right on the money..Huh???Thanks for the article..I think it is very flattering considering who I was up against.. |
