To: MakeAFuss who wrote (51973 ) 2/21/2000 12:45:00 PM From: Smartypts Respond to of 122087
What about Senators that Prey on the Investing Public? A year ago, The Star-Ledger reported that Torricelli reaped a windfall of more than $50,000 on a stock offering brought to him through his blind trust, then being managed by Gohd. The penny stock was later found to be illegally manipulated, in part by Lawrence Penna, a major contributor to the Senatorial Campaign. Torricelli Cries: I'm Not A Crook! WASHINGTON (AP) -- Sen. Robert Torricelli denied suggestions he got preferential treatment on a stock deal in which a $5,000 investment quickly grew to be worth $220,000. Further examination of the principals in the company, meanwhile, reveal others involved in the venture include an individual convicted in New Jersey of bank fraud in 1985 -- now a controversial figure pioneering Internet gambling that has drawn the attention of Congress -- and a former Las Vegas city attorney once charged with securities law violations. Among others who profited from the acquisition were Kerry Rogers, named as the company's chief technology officer. Rogers was convicted in 1985 in a $22-million bank fraud involving the First National Bank of South Jersey. More recently, he has operated a Web site tied to offshore Internet gambling, but a federal Internet gambling case was dismissed against the Las Vegas resident in 1998. Another principal of the firm was Karl Lovell, a former Las Vegas city attorney charged in a 1996 stock case involving the creation of shell corporations. Last October, Penna pleaded guilty to orchestrating thousands of dollars in illegal campaign contributions to Torricelli's 1996 Senate campaign. More recently, he has operated a Web site tied to offshore Internet gambling, but a federal Internet gambling case was dismissed against the Las Vegas resident in 1998 But Now He Wants To Protect Us. LOL Right Federal Law To Regulate Spam Proposed Senator Robert Torricelli (D-New Jersey) and Senator Frank Murkowski (R-Alaska) are proposing a law to regulate unsolicited e-mail, or spam. The legislation, part of a bill addressing slamming, would require senders of spam to include a valid return address and to honor requests to be removed from the mailing list. Wonder if DOJ Head CLEARY knows anything about this dismissed case? LOL bet he does