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Re: pennyking130 post# 23059

Tuesday, 08/23/2016 3:09:56 PM

Tuesday, August 23, 2016 3:09:56 PM

Post# of 51047
Ed Durante pleads guilty:

http://www.bloomberg.com/news/articles/2016-08-23/penny-stock-scammer-pleads-guilty-to-second-fraud-in-15-years

But Bloomberg has this wrong;

Edward Durante, 64, pleaded guilty Tuesday to a plot in which he used a network of unwitting brokers and investment advisers to sell shares in an online sweepstakes company called VGTel Inc.

Those brokers and investment advisers were not "unwitting" at all.
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