For more than a decade, government informants with sealed dockets and multiple identities have engaged in an illegal scheme (the “Scheme”) usurping the identities of hundreds of dormant publicly traded companies (Shell Companies) for use by corrupt law enforcement while profiting millions from their activities. The informants are presently known as Laura Anthony (Anthony), and Michael Anthony (Pollaccia) Anthony and Pollaccia operate from the law firm of Legal and Compliance, LLC (the “Firm”), at 330 Clematis Street, Suite 217, West Palm Beach Florida. Anthony and Pollaccia are referred to herein collectively as the “Informants”
On August 17, 1999, Peter E. Berney, a securities lawyer and shell manufacturer, was indicted in Nevada and two weeks later was charged in the Southern District of New York in connection with his creation shell companies for reverse mergers At the time of the indictment of Berney, he had an inventory of more than 40 “Box Job” shell companies which were forfeited as part of his plea agreement.
Publicly filed documents reflect that Anthony and Pollaccia took a portion of the illegally obtained shell inventory of Berney and another securities attorney, David Stocker who was indicted in connection with shell companies he manufactured. Upon their plea agreements, shell inventory was taken over by the Informants.
Berney’s shells can be traced to numerous securities violaters including Pollaccia, Anthony, Marc Jablon and Joseph Meuse among others.
Pollaccia, Anthony and others locate financially distressed public companies (Distressed Company) that have allowed their good standing status with the Secretary of State to become inactive or revoked by not filing an annual report and paying a fee. This inactive status can be cured by the filing of a one page reinstatement form and payment of a fee of less than $1,000.
Upon locating the Distressed Company whose good standing status has been revoked, the Participants file a state court action seeking to be appointed as a custodian for the benefit of the Distressed Company’s shareholders. Upon a custodian’s appointment, the Participants eliminate the interests of the Distressed Company’s shareholders, and sell control of the Distressed Company for a reverse merger transaction. Upon sale, the proceeds are not distributed to the Distressed Company’s shareholders, they are pocketed by Anthony, Pollaccia and other participants who have profited millions from the decade long Scheme while under the watch of law enforcement.
In furtherance of the Scheme, Anthony submits fraudulent filings with the Securities & Exchange Commission (SEC) and with the Financial Industry Regulatory Authority (FINRA), concealing among other matters how they unlawfully obtained control of the public entity. These filings are viewable by the public at large and relied upon by the public to make investment decisions.
News 
Market Data 
Discover 
