SEC Charges Eleven in Stock Manipulation Ring

[crashman]

I and others were surprised that one of the eight charged, who also works for IHUB/ADVFN was not suspended or fired from his job. Considering that IHUB is exactly the kind of environment where worthless penny stocks are being pumped to high heaven, I thought that the company had the sensibility to have Matt 'lay low' at least until the resolution of those charges. The reputation of the place that I associate with means a lot to me, yet the let down continues as Matt is apparently active in the day to day business:

http://investorshub.advfn.com/boards/profile.asp?user=2744

Not only that, he is personally involved in banning negative/critical posters from the current pump and dumps:

http://investorshub.advfn.com/boards/seeBans.aspx?boardid=7664

I don't know how the SEC/DOJ will look upon this, but I would venture to guess that it won't be helpful when it comes to sentencing (if it ever gets there). As for myself, I'm not a happy camper seeing this.