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Pastimes : Whodunit? Two Stockbrokers Murdered in Jersey; No Clues -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (552)	11/3/1999 1:31:00 AM
From: Ben Wa	Respond to of 1156

Who made the salad?

To: Jeffrey S. Mitchell who wrote (552)	11/3/1999 3:45:00 AM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 1156

Jeff, As your prior post indicated, Chalem was indeed likely to be the guy calling the shots. We've already seen examples of his business dealings and associates on the east coast. Now let's see how his influence and associations traversed the North American continent to the west coast. Terry Marsh was one name you had mentioned. Be careful when researching on his name because there are many Terry Marshes to be easily found on the Internet. We are concerned only with Terry G. Marsh. The first mention I found of him is here: amcity.com Scorpion gets stung A federal grand jury in San Francisco has indicted nine former executives of Scorpion Technologies on charges of securities fraud. Scorpion, which was based Los Gatos, is out of business. The indictments center on a three-year investigation concerning charges that Scorpion executives inflated company revenues and assets with false transactions to mislead investors in 1991 and 1992. Individuals included in the indictment included former Scorpion president Terry Marsh; James T. Marsh, a vice president; company controller Eric Brown; and Steven Kolb, a company employee. The Puget Sound Business Journal contributed to this report. Note that in the last line the article makes reference to Puget Sound. Might Terry have connections to the state of Washington? I'm not certain that this next reference from June of '98 is the same Terry Marsh, but... heraldnet.com Among those who want to see growth on Cavalero Hill is resident Terry Marsh. He is working with Venture Pacific Partners of Bellevue to plan a bank, gas station, apartments and possibly a Fred Meyer-type store on the southeast corner of Hewitt Avenue and Cavalero Road. The SEC is familiar with Terry as well... sec.gov Terry was the head honcho at Scorpion Technologies. Our good friends at Westergaard knew of Scorpian Technologies: westergaard.com:8080/MGI/SNAP/79435-CS.htm But strangely Westergaard has an address different from the Los Gatos reference above: Scorpion Technologies Inc 4931 Birch Street Newport, CA 92660 (714) 476-1071 The folks on SI had heard of Scorpion: #reply-1146016 #reply-1399407 And the above referenced folks from another company even gave a mention to Scorpion in their SEC filing... sec.gov On September 15 1992, SCAN-GRAPHICS, Inc. and Scorpion Technologies, Inc. reached an initial settlement agreement regarding a jury verdict in favor of SCAN-GRAPHICS, Inc. in August 1992. The agreement provided that Scorpion Technologies, Inc. was to pay SCAN-GRAPHICS, Inc. $2,000. As a result of the settlement, Scorpion paid the Company $1,430 through December 31, 1993, but defaulted in May 1993 on its obligation. As a result of Scorpion's default, in November 1993, the Company received the software product source codes and capitalized such for $695 which represented the remaining balance due from Scorpion. The value of the software was verified by an independent appraiser and was valued at $1,243. In March 1994, Scorpion turned over and the Company took possession of all Scorpion SGS8000 scanner technology which included all tangible and intangible assets And, this lawfirm is evidently still involved in shareholder litigation against the firm... lchb.com Scorpion Technologies Class Action: Plaintiffs allege that Scorpion Technologies engaged in a scheme to sell unregistered securities, and that its accountants negligently or recklessly prepared false and misleading financial statements which concealed the fact that the company had no legitimate business or revenues. A $5.5 million settlement against certain defendants was approved in 1998, with litigation against other defendants ongoing KJC

To: Jeffrey S. Mitchell who wrote (552)	11/3/1999 4:42:00 AM
From: EL KABONG!!!	Read Replies (3) \| Respond to of 1156

Jeff, To continue on, another name you mentioned was Barry Witz. Barry is also a familiar name in the seamy world of penny stocks. Barry is apparently known to the SEC as well. Indeed, he claims to have worked for them at one time... sec.gov BARRY WITZ, was appointed Chairman of the Board of Directors of the Company on January 28, 1995. Mr. Witz is focused on turn-around situations, in which he can bring his financial and legal expertise to assist in financial restructurings, recapitalizations, mergers and acquisitions. Mr. Witz has acted as an attorney for the United States Securities and Exchange Commission, he has been an officer of the New York Stock Exchange, and was a Senior Partner in the law firm of Arvey, Hodes, Costello, Berman, Wood, Luckinger and Epstein. Since 1994, he has been Chairman of the Board, Director, CEO and President of Brite Lite Industries, Inc., a privately held company. Christopher Byron on MSNBC apparently wrote one of his nice articles regarding Osicom stock, with which Witz was associated, but alas, the article has expired and may no longer be available. So I'll include the search "teaser" as a reference... Ups and downs of Osicom 6;s stock By Christopher Byron MSNBC CONTRIBUTOR JAN. 13 1; Our story begins at the start of 1995 when Osicom, then selling for barely $7 per share, had begun using a fellow named Robert J. Raffa to promote its stock to the .... msnbc.com Remember that wonderful Chop Stocks article that appeared in Business Week a couple of years ago? Well Barry had an honorable mention in it, but he didn't want to comment... businessweek.com In another taped conversation, Belfort made a startling disclosure. According to Belfort's taped account, a company called Builders Warehouse Association Inc.--which since has become a unit of Osicom Technologies Inc.--once offered him a huge bribe in return for Stratton selling the stock. Said Belfort: ''This guy came to me, this...kid from Utah came to me....He offered me three shares in Switzerland for every share I sold....I had like 500 brokers,'' Belfort continued. ''I could have sold a zillion shares.'' Belfort declined to discuss the alleged bribe offer. Osicom and Barry Witz, former chief executive of Builders Warehouse, did not respond to requests for comment. Posters on SI knew about Barry. Many of them bought into the schemes or unwittingly promoted them... #reply-235079 #reply-375638 #reply-376441 #reply-551331 #reply-868516 #reply-2358156 #reply-2737150 #reply-5454771 An early warning from an astute poster... #reply-552462 Moma Bear most certainly knew the truth... #reply-5450168 Even after an apparently negative article in Barron's, some folks keep the faith... #reply-2358156 Oh how easy it is to deceive those gamblers who so easily set themselves up to be deceived... Sure wish I could find a copy of both of those Barron's articles. Keep looking I guess... KJC