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Pastimes : Jonathan Lebed, 14 Year Old Boy Fined 1/4 Million by SEC -- Ignore unavailable to you. Want to Upgrade?

To: who cares? who wrote (8)9/21/2000 11:22:24 AM
From: Little Engine  Read Replies (2) | Respond to of 172
 
That means Lebed can keep the profits from all the other trades the SEC was investigating, Marino said, and that "was substantially more" than the amount Lebed has agreed to pay back.

Wow, the SEC sure showed him. Does anyone think this will stop him from scamming... or just get him to cover his tracks better?

And his lawyer takes the time to brag about it. Sleazebag.



To: who cares? who wrote (8)9/21/2000 11:29:49 AM
From: Little Engine  Read Replies (1) | Respond to of 172
 
Another take, only notable for the quote:

nandotimes.com

"He and his family feel it's a very fair and appropriate settlement and are happy to have the entire matter behind him," Marino said.

I think my parents would have had a slightly different reaction. How long before this kid is busted again?

P.S. I'm sure I'd be very happy banking $300,000 or so, too.


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