STREET PATROL https://thestreetsweeper.org/stre

STREET PATROL

https://thestreetsweeper.org/streetpatrol.html?i=687

Broker Pleads Guilty to Aiding IHub Operator with Scam
Marc Riviello, a California broker charged with participating in pump-and-dump schemes carried out through the Investors Hub website, pleaded guilty to unlawfully transporting money received by IHub operator Matthew Brown and other defendants in the stock manipulation case, StockWatch reported. According to Delaware prosecutors, StockWatch said, Riviello supplied proceeds from sales of two manipulated penny stocks – GH3 International and Asia Global Holdings – to fellow defendant Joseph Mangiapane, who paid a driver to deliver the money to Brown and others implicated in the case. Like Brown himself, StockWatch noted, Riviello has now reached a plea agreement with prosecutors pursuing those involved in the alleged fraud. Riviello could face up to 10 years in prison and $250,000 in fines, StockWatch added, when he is formally sentenced for his crimes.