LOOK AT the cayman islands connection ,ubs runs the cayman islands stock exchange whereby you can naked short against the cd any typed up paper trumped up paper restriced or not any stock. and you get full protection by te swiss banking consortium ubs. Gushlak manipulated the stock price of Lombard, Illinois-based GlobalNet Inc. from May 2000 to April 2001, said prosecutors in the office of U.S. Attorney Loretta Lynch. Gushlak was a board member at Global Net during that period.
“Gushlak paid secret kickbacks to brokers in the form of cash and free stock in exchange for the brokers causing their clients to purchase blocks of GlobalNet common stock from Gushlak and others at artificially inflated prices,” prosecutors said in court papers.
Gushlak, who has been living in the Cayman Islands, was taken into custody after his sentencing. He pleaded guilty to conspiracy to commit securities fraud and conspiracy to commit money laundering in 2003. Titan Corp., based in San Diego, bought GlobalNet in 2002. New York-based military contractor L-3 Communications Holdings Inc. bought Titan in 2005.
