SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : NAXOF, Tell me all THE SAINT -- Ignore unavailable to you. Want to Upgrade?


To: mfgrep who wrote (103)4/23/1998 11:59:00 AM
From: Henry Volquardsen  Respond to of 130
 
From what I understand, he is fighting the charges at a great personal expense. I'm not surprised.

I also understand that the SEC is pursuing him for the gains that the broker made on his transaction. I think that the SEC is going to have a difficult time with that one!!! but...they will make their point. That is exactly right, they will make their point. A lot of times both they and the IRS will get involved in a real nasty high profile case that they realize they may lose just to scare the hell out of everyone else. Just like the ancient mongols. Whenever they conquered a new territory they would round up the leaders and nail them to trees at the entrance to the town or village as a message to everyone else not to get cute. Terrorism 101.