NorthWest Biotherapeutics Inc (NWBO)

[Diamondjim61]

"AmericanFraudFighters.com" are owned by a firm named AFB Media, Llc.

The sites boast an "expert advisory board" that includes the author of today's putative report, Melissa Davis. Formerly a writer with Thestreet.com, her entry on Seeking Alpha lists her interests as "Stocks - short." The other experts, all of New York, include an aging private investigator named Warren Flagg; entertainment lawyer Robert Hantman; and a man named Hunter Adams.

Of the three, Mr. Adams is perhaps the most cerise. A penny-stock manipulator, he was indicted in 2001 in a $100-million boiler-room stock fraud. The indictment was brought by the U.S. Attorney's office in the Eastern District of New York, and it alleged that Mr. Adams was an associate of the Gambino organized crime family. (See the March 9, 2001 issue of the New York Times/Region.) He eventually pled guilty to racketeering, fraud and money-laundering, and served a stretch in the joint. (He is now said to be "reformed.")

So who are these people? What does the website actually do?

In essence, it appears to be a lint-trap for the collection of rumors damaging to companies in which the website's principals may have (or may take) an interest. (Or not.) Publication of the rumors, even if publication consists only of saying that the rumors are under investigation (or "Under Surveillance"), seems calculated to send a company's shares crashing.

So it is that the FraudFighters' website solicits anonymous tips, or rumors, supposedly about companies that may be involved in fraud. Lest the tipsters fear reprisals, they are promised enrollment in "a special Witness Protection Program." (At the risk of seeming churlish, this would seem to be a deliberate effort to mislead the naive into thinking that the so-called "program" is sponsored by, or affiliated with, law enforcement agencies such as the FBI. To which I can only say, "Please - get real.")


Taken from: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51729088