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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: rogermci® who wrote (42525)8/16/1999 9:56:00 PM
From: Anthony@Pacific  Read Replies (2) | Respond to of 122087
 
UPCA<--------UPDATE.......Murderer Defrauds Public!!

A@P private site played a big role in this Scam and helped in bringing immediate attention to this criminally run manipulation!!

Story 13 / 20: 99 <GO> for list of story options. Equity T N I
Page 1 / 3
DJN =DJ SEC - Uniprime -3: False Claims On Web Site Alleged
Aug 13 1999 12:12

Flores was also arrested Thursday and charged with securities
fraud after a complaint filed Aug. 9 was unsealed, according to
a release from the U.S. Attorney for the Southern District of
New York.
Flores, 49, of Las Vegas, faces a maximum sentence of 10 years
and a fine of $1 million or twice the gross gain or loss resulting
from the alleged fraud, the release said.
Flores carried out a scheme to defraud investors using false
or misleading information distributed through Uniprime press releases
and posted on the company's Web site, the complaint said. Investigators
found that Flores was in prison when he claimed to have been in
Europe conducting research on AIDS and did not attend the University
of Colorado or the University of Madrid as he claimed, according
to the complaint.
One Spanish patient identified by Uniprime as having been treated
with Flores' AIDS cure told an SEC investigator that he had not
received that treatment or ever met Flores, the complaint alleges.

Authorities moves against Flores and Uniprime left investors
uncertain about their status. "What's that do for a guy like me?"
said an investor in Kansas, who spoke on condition that he not
be identified by name. He told Dow Jones Newswires that after
seeing what he thought might be a once-in-a-lifetime opportunity,
he had bought 10,000 shares of Uniprime at $4.95 each.
The SEC's earlier decision to suspend trading in Unprime left
him "sitting on a dead horse," he said.
Andrew Geist, associate director of the SEC's Northeast region
office, said that the SEC is seeking a permanent order that would
require Flores and Uniprime to pay back any illegal profits they
have made. While it is uncertain how much might be recovered,
typically that money would be put into a fund from which anyone
claiming to have been harmed by the alleged fraud could seek compensation,
he said.

-By Rick Jurgens; 602-258-2003;
richard.jurgens@cor.dowjones.com
(END) DOW JONES NEWS 08-13-99
03:12 PM- - 03 12 PM EDT 08-13-99