BB's Stock Haven

[DueDillinger]

Stockgate busted by one of the best...

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By: sailbad43
04 Aug 2004, 04:57 PM EDT
Msg. 46608 of 46635
(This msg. is a reply to 46599 by jimymac.)

The Naked Short Virus Scam

"To complement its publication, 3DIntel said it has unveiled a new patent pending program, called The Naked Short Virus Scan, which enables US based public companies to determine their short position in their stock. ?The scan will identify in the size of short, date of occurrence, and the brokerage houses holding the short positions,? the company stated."

?Naked Short Selling: The Illegal Hacking of the U.S. Financial System,? by Alan Lomax.
Information about the book is at http://www.thirtythumbs.com , which the authors say describe the fifteen staffers involved in putting it together.

Here is what I was able to dig up in less than fifteen minutes.

Thirtythumbs.com was registered by Doug Brown and his email address is [e-mail]
http://www.networksolutions.com/en_US/whois/results.jhtml;jsessionid=T5NDHXG2DNXPQCWLEALSFFA?whoisto...

Looks like Doug Brown is a football coach. Here is what a search on "flynotes.com" turns up.
http://www.google.com/search?q=%22flynotes.com%22&btnG=Search&hl=en&lr=&ie=UTF-8

The next move was to look for Thirty Thumbs as a Utah corporation. Here is a link to help you locate it. Sure enough it is owned by "Douglas E Brown" of the same 6226 Meadowcrest as the domain names.
https://secure.utah.gov/bes/bes

Douglas Brown is a common name, so do a search on "Douglas E Brown" + "Utah" for some interesting results.
http://www.google.com/search?q=%22Douglas+E+Brown%22+Utah&btnG=Search&hl=en&lr=&ie=U...

I liked this one in particular:

Defendant Douglas Brown pleaded guilty to securities fraud, being an unregistered broker-dealer, and wire fraud stemming from the sale of American securities to investors in Germany. He now appeals the denial of his motion to dismiss portions of the indictment for lack of subject matter jurisdiction. The government cross-appeals the district court's loss calculation under the Sentencing Guidelines. We have jurisdiction, 28 U.S.C. § 1291; 18 U.S.C. § 3742(b), and affirm.

This case involves the fraudulent sale of American securities to investors in Germany. The grand jury returned a 255-count superseding indictment against Douglas Brown, Hans Kuhlen, and others, charging them with conspiracy, securities fraud, transacting in securities while not registered as broker-dealers, wire fraud, and money laundering. The indictment alleges in pertinent part that, from Utah, Mr. Brown created companies and stocks without substance, provided those stocks for resale in Germany through Mr. Kuhlen and others, misrepresented the value of those stocks to support their sale, and transferred the proceeds of the fraud from Germany to Utah.
http://www.kscourts.org/ca10/cases/1998/12/97-4165.htm

Taking into account that I could find no 3DIntel in Austin, I would suspect that Douglas E Brown is up to his old tricks. With able assistance from Financial Wire no doubt.

It looks like life has never been better for scammers.

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http://ragingbull.lycos.com/mboard/boards.cgi?board=DTMG&read=46608