Home > Boards > Free Zone > Penny Fundamentals > DD Support Board and Research Team

Agreed. I mean if you look at the

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Rick_Sanchez Member Profile
 
Followed By 5
Posts 424
Boards Moderated 0
Alias Born 05/23/18
160x600 placeholder
Rick_Sanchez   Wednesday, 08/14/19 02:02:39 PM
Re: swingingRichard post# 156225
Post # of 156954 
Agreed. I mean if you look at the history here, this had been going back to 2014/15 and only 5/4 years later did they actually get the guy.

I'm curious as to what tipped off the FBI / SEC and other organizations into their activity. Not sure we'll ever find out, but it's interesting stuff.

My other two cents is that this gets tied up in the courts for at least a year, probably more. Each of the three individuals that were arrested posted $1M bails. My guess is their legal representation will get continuances, extensions, etc.

Sure - in the end, they may get huge fines, may get their shares forfeited, and will likely get barred from any additional securities trading - though I don't think they'll do any time, even in a "white collar" jail.

In the end it just shows you that more often than not, the common investor gets screwed, especially on the OTC.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist