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To: Jeffrey S. Mitchell who wrote (10005)	7/22/2008 5:12:22 PM
From: scion	Respond to of 12465

The SEC filed a "proof of claim" on July 15, 2008 in the Pegasus Wireless bankruptcy case. Posted by: PhillyPA65 Date: Tuesday, July 22, 2008 10:44:43 AM In reply to: None Post # of 1577 SEC files "Proof of Claim" The SEC filed a "proof of claim" on July 15, 2008 in the Pegasus Wireless bankruptcy case. The SEC is investigating Pegasus Wireless and may seek disgorgement. 4shared.com siliconinvestor.com

To: Jeffrey S. Mitchell who wrote (10005)	7/30/2011 11:33:32 AM
From: Jeffrey S. Mitchell	Respond to of 12465

Re: 7/28/11 - [PGWC] Bloomberg: Ex-Pegasus Wireless Chief Jasper Knabb Pleads Guilty to Securities Fraud Ex-Pegasus Wireless Chief Jasper Knabb Pleads Guilty to Securities Fraud By Karen Gullo - Jul 28, 2011 Ex-Pegasus Wireless Corp. Chief Executive Officer Jasper Knabb pleaded guilty to securities fraud and other charges in connection with a $25 million scheme to sell shares for bogus debt and funnel the proceeds to himself, family and friends. Knabb, 44, created 31 fake promissory notes and other documents representing that Pegasus had outstanding debt, U.S. Attorney Melinda Haag in San Francisco said today in an e-mailed statement. From 2005 to 2008, Knabb caused 490 million shares to be issued to satisfy the bogus debt, prosecutors said. By selling some of the fraudulent shares, he netted $25 million for himself and others, according to the statement. Christopher Bruno, an attorney for Knabb, didn’t immediately return a voice-mail message seeking comment about the plea. Knabb, a resident of Wenatchee, Washington, pleaded guilty to conspiracy to commit securities fraud, securities fraud and maintaining false books and records, according to the statement. His sentencing is scheduled for Nov. 3. The maximum penalty for the conspiracy and securities fraud charges is 25 years in prison and a fine of twice the loss or gain plus restitution. The maximum penalty for the false books charge is 20 years in prison and twice the loss or gain plus restitution. The case is U.S. v. Durland, 11-00009, U.S. District Court, Northern District of California (San Francisco). To contact the reporter on this story: Karen Gullo in San Francisco at kgullo@bloomberg.net To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net bloomberg.com