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Microcap & Penny Stocks : GCDV -- gcdv -- Grace Development Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jjs64 who wrote (16)	6/19/1999 1:13:00 PM
From: Alan Boyd	Respond to of 53

Here is more from the article...paying bribes: In August 1995, Ruge took over the leadership of the IIGR manipulation scheme from Wolff. Ruge continued to pay bribes to the Symons Financial brokers through Wolff and, in addition, paid bribes to Stone for sales of IIGR stock to Stone's retail customers. At that time, Stone was operating Stone Asset Management, Inc. in Dallas, Texas, as a branch operation of T.L. Group, Ltd., a registered broker-dealer. During the period from August to December 1995, Stone sold approximately 200,000 shares of IIGR for approximately $685,000, and received bribes totaling approximately $150,000. During the same period, the other broker defendants sold approximately 200,000 additional shares for approximately $550,000, and received bribes totaling approximately $175,000. Bad Boys!