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Re: the_worm06 post# 1315

Tuesday, 02/03/2009 4:48:24 PM

Tuesday, February 03, 2009 4:48:24 PM

Post# of 1593
Maybe a little justice coming:

FBI arrests Sarasota resident

SARASOTA, Fla. — FBI agents have arrested a Florida man on charges of artificially inflating the share price of a wireless communications business he headed.

Agents arrested Sarasota resident Gary Brown, 60, Tuesday on charges of inflating the shares of Delaware-based Skylynx Communications. A criminal complaint had been filed against Brown, the company's CEO, in New Jersey.

The FBI says that Brown and others had been manipulating the price of Skylynx's shares since July 2003.

A phone listing for Skylynx Communications had been disconnected when called by The Associated Press on Tuesday.

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February 3, 2009 - 3:07 p.m. Copyright 2009, The Associated Press. The information contained in the AP Online news report may not be published, broadcast or redistributed without the prior written authority of The Associated Press.

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