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Re: bubba412 post# 60808

Thursday, 11/29/2018 4:39:42 PM

Thursday, November 29, 2018 4:39:42 PM

Post# of 61041
Regardless of any action which the SEC may take against this fraud (unlikely,imo), there is zero possibility for any monetary settlement for shareholders.

Janice, I do think shareholders of WELU received some compensation, though it was years later. https://investorshub.advfn.com/Wellness-Universe-Corporation-WELU-5092/
That was the first scam that I actively help bust, with scion.... early 2000. That guy was so bold, that when he was busted, the DOJ froze his bank accounts, which weren't small. I assume there have been a few other similar events. Know of any?