SEC Charges Eleven in Stock Manipulation Ring

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35. Dynkowski engaged in wash trading between his own accounts and multiple nominee accounts held in the names of his father, Tetrix Financial (a company Dynkowski owns), and Canceli.

Dynkowski also traded matched orders with Brown.

These wash sales and matched orders involved hundreds ofmillions of shares of GH3.

36. This manipulative trading artificially inflated the price of GH3's stock and made it appear to investors that GH3's stock was much more liquid than it really was. As unsuspecting buyers were attracted to GH3 in increasing numbers, the stock's volume and ultimately its price continued to increase.

http://sec.gov/litigation/complaints/2009/comp21053.pdf