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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Howard C. who wrote (43572)	6/14/2000 12:54:00 PM
From: ColleenB	Read Replies (1) \| Respond to of 43774

Wednesday June 14 10:46 AM ET Mob, Restaurant Execs Charged in Largest Fraud Case NEW YORK (Reuters) - Members of five organized crime families and two officers of the Ranch-1 restaurant chain were among 120 people charged on Wednesday in what authorities said is the largest number of people ever arrested at one time for securities fraud. The defendants are accused of participating in nationwide stock fraud schemes that resulted in total losses of more than $50 million. Federal authorities said many tens of millions of dollars more would have been lost had the schemes been completed. A spokesman for the Manhattan U.S. Attorneys office said that authorities were in the process of arresting the defendants, many of whom are already in custody. The defendants were named in 16 indictments and seven criminal complaints unsealed in Manhattan federal court. The security fraud charges involve publicly traded stock of 19 companies and the private placement of securities of 16 other companies. Among the defendants are Sebastian Rametta and James Chickara, officers of the Ranch+1 fast food chain, who are alleged in the court papers to be associates of the Colombo Crime family. The long list of defendants also include a former New York Police department detective, 57 licensed and unlicensed stock brokers, three recruiters of corrupt brokers, 12 stock promoters, 30 officers or other ``insiders'' of companies issuing securities involved in the fraud, an investment adviser and a hedge fund manager.

To: Howard C. who wrote (43572)	6/14/2000 1:01:00 PM
From: ColleenB	Read Replies (1) \| Respond to of 43774

Howard, do you recall a time when PABN released news about their franchising the I-T operations and the naming of the attorney who was going to do this? Well, it was Harold Kestembaum. Message 9748125 And, you'll never guess what's on Mr. Kestembaum's resume... <em>http://www.franchiseintl.com/kesten.htm HAROLD L. KESTENBAUM, P. C. 585 Stewart Ave. Garden City, NY 11530 Tel: (516) 745-0099 Fax: (516) 745-0293 E-Mail: HKesten@worldnet.att.net Contact: Mr. Harold L. Kestenbaum, Principal ------------------------------------------------------------ The Law Offices of HAROLD L. KESTENBAUM provide expertise in franchising activities, including the preparation of all franchise offering documentation, consultation regarding the buying and selling of franchise companies, mergers and acquisitions, public offerings, intellectual property and franchise litigation matters. HAROLD L. KESTENBAUM received his J. D. Degree from the University of Richmond Law School in 1975, where he was a member of Law Review. He received his B. A. from Queens College in 1971. Mr. Kestenbaum's professional affiliations include: Membership in the American Bar Association ("ABA"), the ABA Forum on Franchising, the ABA Anti-Trust Section, the New York Bar Association, is a founding member of the New York Bar Association's Franchise Law Committee and is a member of the Nassau County Bar Association. Mr. Kestenbaum served as Chair - New York State Franchise Law Committee Legal Symposium on Franchising for Non-Franchise Lawyers and is a frequent speaker on Long Island regarding the franchising of small business. ------------------------------------------------------------ Established: 1975 Serving Franchising Industry Since: 1977 % Revenue From Clients in the Franchising Industry: 100% Full-Time Employees: 2 Full-Time Professionals: 1 Major Franchising Clients in Past 3 Years: Sbarro, Nathan's Famous, Manhattan Bagel, Travel Network, Ranch 1, New World Coffee & Bagels, Pudgie's Famous Chicken, Crown Trophy and King Bear Auto International Experience In Industry: Canada, Mexico, South America , Australia, United Kingdom and Egypt </em> ragingbull.com