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Tuesday, 03/22/2016 2:06:39 PM

Tuesday, March 22, 2016 2:06:39 PM

Post# of 6081
One of them was sentenced on 3/10. Kolt Curry. Here's the story: Kolt Curry sentenced (links to law360.com). Some relevant quotes from the article

"The government's sentencing memorandum was under seal but prosecutor Sylvia Shweder credited Kolt Curry with extensive cooperation. He pled guilty to a count of wire fraud conspiracy in October 2013."

"The authorities were still calculating restitution, which Kolt Curry said he would not challenge."

"Fraud mastermind Sandy Winick and Kolt's father created fake trading companies and a fake law firm, and then posed as employees while soliciting $20 million in advance fees from victims, according to the charges."

"Other defendants assisted Winick in pumping up stock valuations for issues with minimal assets and operations, earning more than $120 million in illegal profits."

"Others likely won't get off as lightly. Two other suspects in the case, Gary Kershner and Songkram Roy Sahachaisere, were convicted by a Brooklyn jury in November. They were charged in connection with the stock scheme."

"'This is not one of those cases where all defendants have accepted their guilt and embraced their responsibility,' Judge Vitaliano said."