From page 2 and 3: Brown planned the Asia-Globa
Post# of 7795
Quote:
Brown planned the Asia-Global pump-and-dump scheme with Defendants...…Dynkowski and Defendant Nathan Michaud, who met through InvestorsHub.com, pumped the price of the stock using wash sales, matched orders, and other manipulative trading, coordinated with false, misleading, and touting press releases by the company…After manipulating the price of the stock, Dynkowski, Brown, Mangiapane, and Riviello dumped more than 54 million shares that had been improperly registered on SEC Form S-8 and held in nominee accounts. The illicit process form this scheme totaled at least $4,050,529.
It goes on and on. I see why so many posters hate iHub so much.