Interesting piece (from elsewhere):
SEC freezes two individuals' assets over stock fraud
WASHINGTON (AFX) -- The Securities and Exchange Commission charged two New
York men with securities fraud and froze their assets Thursday, alleging the
individuals used the Internet to manipulate the market for 24 microcap stocks.
The defendants, Faisal Zafar and Sameer Thawani, in some cases linked their
fraud to concerns about terrorism and health epidemics, the SEC said. The agency
said the two men created at least 300 different Internet user IDs and used them
to post more than 1,000 messages about the stocks. The SEC is seeking penalties
and repayment of $873,000 in ill-gotten gains.
This story was supplied by MarketWatch. For further information see
www.marketwatch.com.