As you know, Steve Sayre just went to jail for his role in the ECNC scam back around 2000...
I wish they'd hurry up too. But I'm afraid Urbie and Edwards--both of them out of the country--aren't a priority.
Janice, Sayre was also out of the country and the Feds continued to pursue him.
Edwards has been the mystery man for so long, we are just the past few years learning about him and who he may be connected to. How long and many stocks was Edwards involved with? Was he also part of GBDX? 1st Global was.
Is there, as some suspect also a connection to casinos? We know from the SEC complaint that Urban paid off gambling debts, and Bob Maheu has a long Vegas history. The ECNC/PCBM folks would get together in Vegas. Was Edwards at any of those meetings?
I'm just pondering if there's a possibility an investigation of Edwards, or anyone else involved with him, could be more than just about penny stocks.
Edwards may be in the U.K., but the Feds if they want to could make a case for extradition, if he indeed has a long history of scamming. The fact that his wife is currently serving a prison sentence for scamming investors doesn't help his case either. Why would the U.K. or any other country want to harbor him? JMO
IBAFT:The original team was chased away from completing their goals with threats of prosecution, as they engaged in unlawful acts for the purposes of exposing the naked short.
