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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (6498)1/20/2000 3:36:00 PM
From: StockDung  Respond to of 10354
 
ZSUN President and CEO, Mr. Scott Elder still MUM on fake Fraudulent Bestway USA/ZSUN IPO. Continues to cover up past insiders past and present dirty deeds !!

ViaVid Broadcasting Corporation Interviews ZiaSun PresidentAnd CEO, Mr. Scott Elder


SOLANA BEACH, Calif., Jan. 20 /PRNewswire/ -- ZiaSun Technologies Inc. (OTC Bulletin Board: ZSUN) (www.ziasun.com) today announced that President and CEO, Mr. Scott Elder, has been featured on ViaVid Broadcasting Corporation -- a global Internet video broadcasting network. Conducting the interview for ViaVid's business segment, VBC News 1, was news anchor, Ms. Samantha Sewall.

During the course of the interview, Mr. Elder provides an overview of ZiaSun Technologies and its various subsidiaries. He also comments on the Company's extraordinary third-quarter 1999 financial results, as well as ZiaSun's future prospects, and its strategy for global expansion.

This interview may currently be viewed online at viavid.com, and will be archived for future reference at viavid.com. In order to watch this streaming video footage, viewers will require the Flash Plugin or Windows Media Player. This software is available free from the ViaVid website.

About ViaVid Broadcasting Corporation

ViaVid (OTC Bulletin Board: VVDB) is a global internet video broadcasting company that offers a network of video services utilizing streaming video technology. ViaVid's business segment, VBC News 1, provides unique coverage of the North American public markets with the ability for viewers to interact live with guests.

About ZiaSun Technologies Inc.

ZiaSun is a leading Internet holding company focused on e-commerce and specialized online support services within North America, Asia and other international markets. The Company's Internet portfolio includes Asia4Sale (www.asia4sale.com), AuctionAsia (www.auctionasia.net), MEDIAhits (www.mediahits.com), Momentum Asia (www.momentumasia.com), Momentum Finance (www.mfinance.com -- a top 100 financial website), Momentum Internet (www.momentumplus.com), Online Investors Advantage (www.i-advantage.com), PINmail (www.pinmail.com), Search Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com) and Swiftrade (www.swiftrade.com).

Investors Relations Contact: Mr. Mark Harris, VP, Investor Relations of ZiaSun Technologies, San Diego, 858-350-4060, mark@pinmail.com.

Note: Any statements released by ZiaSun Technologies Inc. that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performances. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission.

Disclaimer: This transmission was intended only for the party or parties to whom it was directed. If you have received the transmission in error or by other means, it must be destroyed and by no means circulated, copied or otherwise duplicated without the express permission of its author(s). Nothing in the contents transmitted should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information contained herein.

SOURCE ZiaSun Technologies Inc.

CO: ZiaSun Technologies Inc.; ViaVid Broadcasting Corporation

ST: California

IN: CPR MLM

SU:

01/20/2000 13:14 EST prnewswire.com



To: Sir Auric Goldfinger who wrote (6498)1/20/2000 4:43:00 PM
From: StockDung  Respond to of 10354
 
Turns out the stories were true.

Berger Sued Critics, Saying They Caused Withdrawals


New York, Jan. 20 (Bloomberg) -- Michael Berger, the money manager sued by the Securities and Exchange Commission this week for fraud, filed his own suit last year, seeking at least $350 million from critics he said caused withdrawals from his fund.

The 29-year-old Austrian wanted to punish people he said were spreading false stories his Manhattan Investment Fund was losing money and headed for ''big trouble.'' He claimed investors yanked more than $50 million because of ''a scheme to injure and destroy'' his business.

Turns out the stories were true.

The SEC sued Berger for telling his investors he had made money since 1996, hiding losses of more than $300 million resulting from bets against the biggest bull market in history.

Berger declined to comment on the lawsuits. He said in a letter to investors last week he'd inflated the fund's assets.

His claim, filed in New York State Supreme Court in August 1999, didn't identify defendants. So-called John Doe suits are used when the plaintiff either doesn't know the names of the people he is suing or wants to hide their identity.

Court filings contained no responses from the 15 unnamed defendants in the suit, nor affidavits showing they were served with the suit.

Claims

Berger claimed in the suit that starting in December 1998, the unnamed parties told ''clients, prospective clients, investment groups and advisers'' that the fund ''was down 30 percent.'' Berger told investors he gained 12.4 percent in 1998.

He also claimed that people were saying that the fund was ''risky'' and had potential for ''big trouble;'' that Berger wasn't giving returning money to investors who had asked for it and that his company, Manhattan Capital Management, couldn't provide adequate services because ''it only had a few employees.''

In its civil fraud suit, the SEC accused Berger and the New York fund of inflating returns from its inception in 1996.

The fund invested money for wealthy individuals and institutional investors, making bets stocks -- mainly Internet companies -- would decline. Instead, they rose to records, resulting is losses for investors including Bank Austria AG and 300 clients of Credit Suisse Private Banking.

Berger had reported annual gains of between 12 percent and 27 percent since 1996.

''To hide these monumental losses from investors, defendants created account statements that materially overstated the performance and value of the hedge fund,'' the suit said.

To perpetuate the scheme, the fund paid shareholders who redeemed their shares more than the actual share value, the complaint contended.

The suit contended that the fund has less than $50 million in assets. Berger told customers in November the fund had $500 million.

Yesterday, U.S. District Judge Denise Cote in Manhattan appointed Helen Gredd, a partner at the New York law firm of Lankler Siffert & Wohl, as the receiver for Manhattan Investment Fund and Manhattan Capital. Gredd has the authority to take immediate custody and control of their assets.

The SEC said it's continuing its investigation.

Jan/20/2000 16:29

For more stories from Bloomberg News, click here.

(C) Copyright 2000 Bloomberg L.P.



To: Sir Auric Goldfinger who wrote (6498)1/20/2000 4:50:00 PM
From: StockDung  Read Replies (1) | Respond to of 10354
 
Truthseeker to contact COURT T.V. "Rip-Offs and Scams" Hosted by "Scammologist" Fay Faron

Court TV Dissects "Rip-Offs and Scams" in a Special March 6th Edition of "Crime Stories" Featuring Renowned Sleight of Hand Artist Ricky Jay


PASADENA, Calif.--(ENTERTAINMENT WIRE)--Jan. 19, 2000--

Entertainment/TV Reporters

"Rip-Offs and Scams" Hosted by "Scammologist" Fay Faron

Everybody loves a magic show, but when the point is to separate people from their money, it is becomes fraud. In a special edition of Crime Stories, historian and deception expert Ricky Jay, and Private Investigator Fay Faron, owner of the detective agency "Rat Dog Dick," will expose viewers to the shadowy world of grifters and con artists. From tried and true classics like three-card monte to future fraud in cyberspace, Rip-Offs and Scams breaks down the cons to show viewers how not to get suckered.

Violent crime is down, but fraud is on the rise. According to a State Attorney's office in Illinois, telemarketing scams alone accounted for $40 billion in 1999. At some point in everyone's life, they will fall prey to a con artist. Court TV looks into cyberscams, identity and psychic fraud, carny and street cons, and will speak with emotional victims of sweetheart scams who share painful experiences with viewers on how Americans get conned and how to avoid it.

Ricky Jay is a renowned sleight of hand artist who is an historian in the field of deception. He has presented lecture demonstrations both for the general public and police organizations nationwide. Mr. Jay will take Court TV viewers inside the world of criminal trickery to illustrate the workings of street cons and scams.

Fay Faron is an award-winning author of several popular 'Howdunit' series, including Rip-Off: A Writer's Guide to Crimes of Deception, upon which this special is based. Faron has been profiled by People, Vanity Fair, 20/20, among other media outlets, for her tremendously successful detective work.

Jinny Schreckinger, a television producer and filmmaker who was nominated for an Emmy Award for To Catch a Killer (about the solving of the John Wayne Gacy serial killings) starring Tony award-winning actor Brian Dennehy, executive produced this special.

Court TV (www.courttv.com), a basic cable network, provides a window in the American system of justice through distinctive programming, which both informs and entertains. As the first and only cable network dedicated to crime and justice programming, Court TV broadcasts live trials by day and crime stories in the evening. A service of Time Warner Entertainment and Liberty Media Corp., Court TV's current subscriber base is over 40 million.

CONTACT:

Frederika Brookfield

Court TV

212-692-7867

brookfieldf@mail.courttv.com

-or-

udrey Davis

The Lippin Group

212-987-7080

audrey@lippingroup.com

KEYWORD: CALIFORNIA

BW1828 JAN 19,2000

15:08 PACIFIC

18:08 EASTERN