The Grilled Cheese Truck Inc. (fka GRLD)

[bar1080]

"Suffolk pair admit to $147M pump-and-dump stock scheme"

"Two Suffolk men who are among more than a dozen people accused of operating a $147 million pump-and-dump stock scheme out of so-called boiler rooms on Long Island pleaded guilty Wednesday in federal court to conspiracy to commit securities fraud and other crimes."

"he government said Hardy, Jean and their cohorts manipulated five publicly traded stocks — National Waste Management Holdings, CES Synergies, Grilled Cheese Truck, Hydrocarb Energy Corp., and Intelligent Content Enterprises.

Hardy, a manager of the boiler room that operated in Melville, pleaded guilty to conspiracy to commit securities fraud, conspiracy to commit wire fraud, conspiracy to commit money laundering and five counts of securities fraud. He faces up to 20 years in prison on the most serious charge."

https://www.newsday.com/long-island/crime/boiler-room-stock-manipulation-scheme-1.20621876