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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Caroline who wrote (1091)	12/19/1998 4:01:00 PM
From: nihil	Read Replies (1) \| Respond to of 122087

re: TMex If TMex is "free riding", i.e. buying and selling rapidly so as not to pay out cash (as I suspect)and he is caught at it then his broker must freeze his account for 90 days (Ow!). If as an individual he is fraudulently misrepresenting a stock to induce purchases, he might be sued successfully in tort. If, as it appears, he is charging for investment advice he could be violating SEC or State regulations. A story in a Dec 15 WSJ shows C. K. Bagdasarian being jailed for 2 years for a string of crimes starting with his misrepresenting his trading success. Of course, he did other great things like fraudulently inducing Chem Bank to lend him $24 million and Salomon Bros to lead underwrite his $200 million IPO (which was withdrawn after 1 day). I guess TMex has a way to go to catch Chris. But most of these guys get away with it for years. Some even keep it going in prison. Anthony has the best way of stopping (some of) these guys and getting rich at the same time. I dare say if we allowed the stock cops to keep 20% of the illegal profits they seized, we would clean up more of these frauds. It might also help to sell off the crooks' vital organs for transplant and distribute the profits to their victims.