InvestorsHub Logo
Followers 768
Posts 30205
Boards Moderated 7
Alias Born 09/12/2003

Re: None

Tuesday, 08/05/2014 11:00:14 PM

Tuesday, August 05, 2014 11:00:14 PM

Post# of 37347
SEC Charges Four Promoters with Manipulating Marijuana-Related Stocks and Other Microcap Companies

Complaint: http://www.sec.gov/litigation/complaints/2014/comp-pr2014-159.pdf

August 5, 2014 http://www.justice.gov/usao/waw/press/2014/August/galas.html

Three men who allegedly manipulated penny stocks, and then laundered the proceeds by purchasing precious metals, were charged today in U.S. District Court in Tacoma with conspiracy to commit securities fraud and conspiracy to launder monetary instruments, announced U.S. Attorney Jenny A. Durkan. MIKHAIL GALAS, 24, of Vancouver, Washington was arrested in Long Beach, California after he arrived on a flight from Portland, Oregon. He will make his initial appearance in U.S. District Court in Los Angeles. CHRISTOPHER MROWCA, 24, was arrested in Bradenton, Florida and will make his initial appearance in Tampa. ALEXANDER HAWATMEH, 23, of Salem, Oregon is incarcerated in Oregon on an unrelated charge and will appear in federal court at a later date. In addition to the arrests, searches were conducted in Vancouver, Washington, Bradenton, Florida, Salem, Oregon and Boulder, Colorado.

I really have been six different people this year !

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.