SEC Charges Eleven in Stock Manipulation Ring

[MLD38]

Matt Brown: re the question of using i-Hub

NOTE: I am NOT saying that anyone is quilty, but one the question that keeps popping up, it does appear from the "indictment" that Matt Brown did communicate with P.D. in regards to P.D.'s posting on IHUB.

Of course, Matt Brown might have been issuing a warning, but it could also be communication on timing of posts and what to say in those posts, since P.D. then contacted N.M. to post on internet message boards that there was a "short" in GH3 stock....

Matthew W. Brown: 04/16/2009 3 REDACTED VERSION of 2 Indictment by USA as to Defendant Sealed. (rpg) (rpg). (Entered: 04/22/2009)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38732869

7. Manners & Means
d. is ..."Posting messages on on-line message boards regarding GH3 stock"...


8. Overt Acts

--- re Brown communication with P.D. re P.D.'s posting on IHUB boards ---

j. is ..."On or about December 7, 2006, defendant BROWN communicated via instant message with P.D. regarding P.D.'s posting of messages concerning GH3's stock on IHUB internet message boards"....


--- re Dynkowski communication with N.M. re N.M.'s posting on internet message boards ---

m. is ..."On or about December 7, 2006, P.D. communicated via instant message with N.M. asking N.M. to post on internet message boards that there was a "short" in GH3 stock"....


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P.D. = Pawel P. Dynkowski a/k/a Paul Dynkowski a/k/a "EVO"aka "PDYNK15"

...December 7, 2006 communication from screen name "PDYNK15" to "mattbrownfl" via the instant messaging functionality of America Online in furtherance of this scheme and artifice to defraud...

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MATTHEW W. BROWN,
...defendant herein, willfully and knowingly, by the use of the means and instrumentalities of interstate commerce, directly and indirectly, used and employed manipulative and deceptive devices and contrivances, and aided and abetted the use and employment of manipulative and deceptive devices and contrivances, in violation of Title 17, Code of Federal Regulations, Section 240.10b-5, by:
(a) employing devices, schemes, and artifices to defraud;
(b) making or causing to be made untrue statements of material fact and omitting or causing to be omitted statements of material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; and
(c) engaging in acts, practices, and courses of business which operated and would operate as a fraud and deceit upon other persons...