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Strategies & Market Trends : ARB/NLP/TCI/IOT - hidden value or just another magic ring? -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (19)	1/22/2003 8:25:26 AM
From: leigh aulper	Read Replies (1) \| Respond to of 26

As big a crook" Phillips might be this article is so bogus and full of bs the writer should be up on charges, as the facts have proven over the last 2 years. Why would you post it now?

To: RockyBalboa who wrote (19)	8/18/2006 7:36:30 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 26

the untold Matisse Story: federalappeals.com

To: RockyBalboa who wrote (19)	8/18/2006 7:38:41 PM
From: RockyBalboa	Respond to of 26

Jury acquits Gene Phillips, Cal Rossi Dallas Business Journal - February 13, 2002 Print this Article Email this Article Reprints RSS Feeds Most Viewed Most Emailed A federal jury in New York City on Wednesday acquitted Dallas real estate developer Gene Phillips and his former associate, Anthony "Cal" Rossi, on all counts, including federal racketeering and wire fraud charges. After a three-month trial, the jury returned not-guilty verdicts for Phillips and Rossi on all seven charges. Charges included racketeering, wire fraud, union pension fund fraud and payment of illegal kickbacks, according to court documents. Phillips and Rossi were tried in the case along with four other defendants, two of whom were found guilty. The charges in the case were part of a broader June 2000 indictment of 120 people, including reputed members of New York's organized crime families, for allegedly using stock manipulation, fraud and violence to reap more than $50 million in illegal profits. Prosecutors at the time said Phillips and Rossi played key roles in a scheme to pay off corrupt union officials and mobsters. The two men were charged with agreeing to funnel investments in pension funds into a preferred-stock issue of a publicly traded real estate investment trust, American Realty Trust, which the indictment claimed was controlled by Basic Capital Management Inc., a Dallas-based investment advisory company. Both American Realty and Basic Capital have denied any wrongdoing. In a statement issued Wednesday, Basic Capital described Phillips as a real estate investor whose children's trust owns BCM. The company said Rossi was a BCM executive and managed its capital markets department. Phillips' attorney, Abbe Lowell, said they were pleased the matter had been resolved. "We promised over a year-and-a-half ago that we would prove that Gene Phillips was an innocent man," Lowell said in a statement, "and that is exactly what the jury found today."