DOJ, SEC and FBI Against Securities Fraud – EQCO2, Inc. (CLNO)

Department of Justice (DOJ) Criminal Division oversees some of the most complex and wide-ranging criminal cases brought in federal courts.

The Criminal Division units are: Terrorism and International Narcotics, Securities and Commodities Fraud Task Force, Complex Frauds, Public Corruption, Asset Forfeiture, Organized Crime, Violent Crimes, Narcotics, General Crimes, Appeals and White Plains Division.

Securities and Commodities Fraud Task Force

The Securities and Commodities Fraud Task Forces investigates and prosecutes crimes relating to the operation of the country’s securities and commodities markets, including all varieties of securities fraud, insider trading, market manipulation schemes, accounting and regulatory reporting frauds, and penny stock “pump and dump” schemes.

The Task Force works in close coordination with the Securities and Exchange Commission (SEC) as well as the FBI to uncover these financial frauds.

To learn more about DOJ Criminal Division Units, go to http://www.justice.gov/usao/nys/criminal.html

On Sept 16, 2013 EQCO2, Inc. (CLNO) CEO Billy Barnwell and CFO Arnold F. Sock signed off on the company’s FORM 10-Q. The filing was received on Sept 23, 2013. The entire 10-Q can be found http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9520301

The SARBANES-OXLEY ACT 2002, an act passed by U.S. Congress in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations, mandated strict reforms to improve financial disclosures from corporations and prevent accounting fraud.

Under the Sarbanes-Oxley Act Section 302 ‘Corporate Responsibility for Financial Reports’, EQCO2, Inc. (CLNO) CEO Billy Barnwell and CFO Arnold F. Sock could face significant penalties if they certified in the FORM 10-Q that the company’s books are accurate when they are not. Shad Sullivan is Director of the company.

Crown Equity Holdings Inc. (CRWE) was awarded a TRO (Temporary Restraining Order) against Discovery Carbon and EQCO2, Inc. (CLNO) CEO Billy Barnwell from a judge on September 13, 2013 in Las Vegas Regional Justice Court ( http://crownequityholdings.com/restraining_or...rnwell.pdf ).

The court ordered TRO effectively shuts down Billy Barnwell from engaging in any activity that might be damaging to EQCO2, Inc. (CLNO) shareholders.

The TRO was awarded related to an ongoing Fraud, Misrepresentation, Non Performance & Breach of Contract lawsuit between Discovery Carbon, EQCO2, Inc., Billy Barnwell Vs. Crown Equity Holdings Inc. and Zaman & Co that is based on an Exchange Agreement ( http://crownequityholdings.com/CRWE_vs_EQCO2.pdf ).

Crown Equity Holdings is seeking a cancellation of the Exchange Agreement between Discovery Carbon Environmental Securities and Cleantech Transit, Inc. In addition, Crown Equity had notified the SEC, Finra and FBI of possible inappropriate solicitations, fraud and lack of transparency by EQCO2, Inc. (CLNO) CEO Billy Barnwell.

Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as the Company or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, such statements in this release that describe the company’s business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company.