SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (4874)1/6/2000 9:48:00 PM
From: Janice Shell  Respond to of 7056
 
Wow, is that DUMB.

During the Las Vegas trial, Special Assistant U.S. Attorney Bruce Bettigole said Swan and Shwayder sent bribes to brokers by "stuffing" Federal Express envelopes with thousands of dollars in cash.

They'd have done better to use Jiffy bags and the ordinary mails.



To: TideGlider who wrote (4874)1/6/2000 11:52:00 PM
From: Q.  Read Replies (1) | Respond to of 7056
 
TideGlider, re. your OT post on Teletek:

I was actually one of the victims of the Teletek fraud.

One day I read that a grand jury in Las Vegas had indicted these guys for stock fraud. I had been so trusting. That was how I learned that stock fraud is real, and that it can happen to anybody who buys little stocks, even those listed on the Nasdaq Small Cap exchange, as Teletek was at the time.

There were plenty of red flags with Teletek, but I was just too ignorant to see them. They included the following: it was a Las Vegas company, the filings did not clearly indicate who was really running the company or what their background was, it had a spectacular stock price runup over the course of a year, it had a highly active online bulletin board, and Steve Pluvia was posting critical comments about it.