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Re: petermic post# 9223

Sunday, 07/23/2006 5:08:27 PM

Sunday, July 23, 2006 5:08:27 PM

Post# of 169297
exerpts from petermics sentencing.

The defendant contends that he should be sentenced as
if this case were about nothing more than his personal trading in
four stocks. Over more than one hundred pages, the defendant
barely acknowledges that he was convicted of racketeering through
the eponymous Elgindy Enterprise. He barely acknowledges that he
was convicted of conspiring with others to commit a securities
fraud that went far, far beyond those four stocks. He denies
that he played any significant role in the Elgindy Enterprise,
despite the fact that he was its leader. He glosses over the
fact that, after being released on bail in this case, he
committed yet another crime by lying to federal officials in an
attempt to flee.

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