Tuesday, March 22, 2016 2:06:39 PM
"The government's sentencing memorandum was under seal but prosecutor Sylvia Shweder credited Kolt Curry with extensive cooperation. He pled guilty to a count of wire fraud conspiracy in October 2013."
"The authorities were still calculating restitution, which Kolt Curry said he would not challenge."
"Fraud mastermind Sandy Winick and Kolt's father created fake trading companies and a fake law firm, and then posed as employees while soliciting $20 million in advance fees from victims, according to the charges."
"Other defendants assisted Winick in pumping up stock valuations for issues with minimal assets and operations, earning more than $120 million in illegal profits."
"Others likely won't get off as lightly. Two other suspects in the case, Gary Kershner and Songkram Roy Sahachaisere, were convicted by a Brooklyn jury in November. They were charged in connection with the stock scheme."
"'This is not one of those cases where all defendants have accepted their guilt and embraced their responsibility,' Judge Vitaliano said."
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM