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Tuesday, 07/10/2012 9:42:22 AM

Tuesday, July 10, 2012 9:42:22 AM

Post# of 14920
Many of the locally charged parties were company presidents, or held similar positions. Aside from those mentioned above, Douglas Hague (president of Clean Coal Technologies) and 42-year-old Ryan Coblin (who presided over Delivery Technology Services) were also indicted. According to the press release, Coblin was arrested in September of last year for attempting to bribe a hedge fund fiduciary in an attempt to purchase overpriced stock using hedge fund money. Coblin reportedly pled guilty to the charges in March. Hague, on the other hand, was charged just days ago, on June 1, with the almost identical crime of bribing a fiduciary in order to induce the purchase of overpriced stock. Hague does not appear to have commented publicly on the incident.

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