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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (25804)	9/26/2002 9:49:18 AM
From: Arcane Lore	Read Replies (1) \| Respond to of 26163

Former Broker Sentenced For Fraud By THE ASSOCIATED PRESS Filed at 7:39 p.m. ET NEW YORK (AP) -- A one-time multimillionaire Wall Street broker was sentenced Wednesday to 10 years and one month in prison for stock fraud and for trying to arrange the murder of a friend. Cary Cimino, 41, was ordered to prison immediately by U.S. District Judge William Pauley. He earlier pleaded guilty to racketeering charges. Cimino was charged in a series of wide-ranging frauds designed to inflate stock prices by cold-calling customers and hyping shares over the Internet. He also allegedly arranged bribes for corrupt brokers. The judge rejected pleas for leniency, including a claim that Cimino cannot cope with prison because he is traumatized by what he saw outside his downtown Manhattan office on Sept. 11, 2001. Cimino's lawyer, Valerie Amsterdam, said her client witnessed people leaping from the World Trade Center towers after the terrorist attacks. Assistant U.S. Attorney David Esseks countered by saying that an FBI agent saw Cimino on the street that morning and that the former Bear Stearns partner made a flippant comment. Esseks also argued that a stiff prison term was necessary because Cimino tried to convince a man with mob connections to arrange the murder of one of his best friends, a witness against him. Amsterdam said the threat was never serious, adding that the government informant remained friends with Cimino afterward. nytimes.com