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To: IngotWeTrust who wrote (53054)	5/21/2000 7:14:00 PM
From: Lalit Jain	Respond to of 116810

Ole 49r, To be able to change the source code to track PMs, one has to first have ready access to it, study it, and change it. This requires considerable time. This would lead me to believe that it was an inside job, or a job approved by management. Now, we all have our suspicions that SI is monitored. But I suppose that it was not revealing enough information. So they decided to convince SI to have access to the source code and change it, so that they could track PMs and maybe even read them ! About SI broadcasting it! Yes I think they should. Hope you keeping well my friend. Cheers, Lalit Jain

To: IngotWeTrust who wrote (53054)	12/31/2000 8:42:04 PM
From: long-gone	Read Replies (1) \| Respond to of 116810

OT(?) sounds a bit like ol Bily Sol? Thursday December 28 08:33 PM EST Sec Accuses Alameda Firm of $70 Million Fraud By KPIX - BCN Bay City News Service The U.S. Securities and Exchange Commission has accused an Alameda company of cheating investors out of more than $70 million in an allegedly fraudulent Southern California development deal. Federal prosecutors say Pacific Genesis Group Inc., led by financier David Fitzgerald, has misled investors on the value of land purchased near the Mohave Desert and used the false appraisal to garner tens of millions of dollars toward a planned community on the site. Although the series of investment deals are more than four years in the making, prosecutors say not a single road has been paved nor a single home built of the Rancho Lucerne Master Planned Community. Robert Mitchell, administrator for the SEC's San Francisco District Office, said the agency worries the bottom will fall out on the development. He said the site itself, located about 50 miles northeast of San Bernardino, sits on isolated and arid land "on the edge of the Mohave Desert." According to Mitchell, an appraisal commissioned by Pacific Genesis put the land's value at about $28,000 an acre, but "what we say is the land is really worth no more than $5,000 an acre today." Not so, says Fitzgerald, who maintains that 200 lots have already been sold on the 1,375-acre site at a value of $35,000 to $90,000 per lot -- figures he says support the company's appraisal. Fitzgerald said six miles of water and sewer improvements have been made, a golf course built and streets are ready to be paved. "We find the allegations to be entirely ridiculous," he said, adding that "not a single investor (is) complaining about what's going on here." He said the investors are generally wealthy individuals and small firms. Fitzgerald described Pacific Genesis, founded in 1995, as a small company of 15 employees and a value of about $500,000. "We're not Merrill Lynch," he said. (cont) dailynews.yahoo.com