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Mark HARRIS worked for Boiler Room operator Tommy

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StockdungU   Wednesday, 04/24/13 12:36:09 PM
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Mark HARRIS worked for Boiler Room operator Tommy QUINN in 1998 stock fraud.

As if Ziasun's IR job history could not be any worse I have recently discovered that Mark HARRIS who was Bryant Craguns partner in crime also worked for securities recivist Tommy QuinnI nternational swindler and convicted criminal .

In Mark HARRIS divorse case his wife testified that Mark was a sales manager for :"telemarketing sales manager for Equity Management Services ("EMS"). :

Equity Management Services was one of Tommy Quinns Boiler Room which was involved in a massive stock swindle (see below)

also see news.google.com
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" [8] The couple returned to Calgary for a summer vacation in 1987. Shortly after they returned to Spain, they moved to Marbella, Spain when Mr. HARRIS became the telemarketing sales manager for Equity Management Services ("EMS"). For his work Mr. HARRIS received a percentage of the business and a salary of about $10,000 a month. The job ended abruptly after about a year when the payroll failed to materialize. However, EMS' telemarketing team was offered similar work in Hong Kong starting the following week. "

"[9] Within a few days the parties moved from Spain to Hong Kong and within five months, Mr. Harris' commission income was back up to $10,000 a month. However, eight months later, the Hong Kong Securities and Exchange Commission (SEC) forced the telemarketing operations to shut down. Mr. HARRIS tried working for a similar operation in Macau but the parties found working and living in Macau extremely uncomfortable. After about a month the parties decided to leave Macau and use their $100,000 in savings and travel. "
Message 28538576
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or brokerage companies controlled by QUINN in Europe such as Kettler Gmbh, Falcontrust Financial and Equity Management Services. Each component of that scheme is separately actionable under the antifraud provisions of the federal securities laws.
http://www.leagle.com/xmlResult.aspx?page=5&xmldoc=19921651799FSupp852_11540.xml&docbase=CSLWAR2-1986-2006&SizeDisp=7


Investigators said the swindle, originally detailed in the business magazine La Vie Francaise, involved companies like Falcon Trust, Kettler Investment, Chelsea Financial and Equity Management Services."



Swiss Ask S.E.C. for Help in Stock Inquiry
By STEVEN GREENHOUSE, Special to the New York Times
Published: August 18, 1988
Swiss and French investigators are stepping up their inquiry into a stock swindle that they say cost investors at least $80 million.

More than half a dozen investment firms in Europe have been accused of soliciting money from investors and absconding with it. There have been 18 arrests in France, two in Switzerland and one in West Germany.

The investigation intensified today as Swiss authorities asked Washington for information about some over-the-counter American companies.

In a telephone interview, Laurent Kasper-Ansermet, a prosecuting magistrate in Geneva, said he had sent an official letter to the Securities and Exchange Commission asking it to investigate 10 to 15 American companies. He said he wanted to know whether the companies had cooperated in the swindle. It is also possible that the companies were victims.

Investigators said stocks of two nonexistent mining companies, Messicor and Hillside Gold and Minerals, were traded, as well as stocks of Vanguard Financial and Columbia Electronics Systems. Extent of Fraud Estimated



The swindle affected more than 5,000 investors in Switzerland, France, West Germany and other countries, Mr. Kasper-Ansermet said. He estimated that $80 million to $150 million was lost in the fraud.

According to other investigators, more than $200 million has been lost. Many of the investment firms were based in the Geneva and Nice areas, but investigators said the network stretched from Spain to Sweden.

French and Swiss investigators said the fly-by-night investment firms, which had offices in half a dozen European countries, would go out of business and then set up in another city. Sometimes investors received stock certificates and sometimes not. Investors were often told that the value of their shares was rocketing upward and that they should increase their investments.

Investigators said the investment firms published newsletters with impressive-sounding names like Strategy for Investors and Invest News. These gave advice not only on giants like I.B.M. and Siemens but also on penny stocks that were touted as having hot prospects. A few days later, brokers from the investment firms telephoned investors and urged them to buy the penny stocks. Dawn Raid by French Police

The French police moved to stop the scheme in a morning raid on July 27 when they arrested Thomas F. QUINN, a former Wall Street broker, at a villa outside Cannes on the French Riviera.

European investigators said Mr. QUINN masterminded a ring that was based in Geneva and also had sold stocks to investors in Sweden, the Netherlands, the Middle East, Asia and South America.

''His problems with the commission span a number of years, going back to the late 1960's,'' said Chiles T. A. Larson, an S.E.C. spokesman.

In 1970 Mr. QUINN spent six months in jail for stock manipulation. In 1987, without admitting guilt, he settled a case in which the S.E.C. accused him and several partners of using false information in a 1980 stock offering of a minuscule company called Sundance Gold Mining and Exploration Inc.

French authorities have charged Mr. QUINN with securities fraud. His lawyers have declined to comment. His wife, Rochelle Rothfleisch, and another man were also arrested. Focus on Investment Firms

Investigators said the swindle, originally detailed in the business magazine La Vie Francaise, involved companies like Falcon Trust, Kettler Investment, Chelsea Financial and Equity Management Services.

Kettler Investment was one of the most active, according to Swiss investigators. They said the company was incorporated in Liechtenstein, had its main office in Geneva and attracted 5,000 to 7,000 investors.

Investigators said that Andrew Chapman, a 32-year-old Englishman, was arrested in Switzerland. He was registered as chairman of Kettler Investment and several of the other ''boiler room'' investment firms.

French investigators also said they were looking for Carl Porto, a resident of Boca Raton, Fla. They said he was involved in many of the companies named in the scheme. The S.E.C. accused Mr. Porto and others earlier this year of civil fraud in the offerings of several penny stocks. His telephone number is unlisted, and he could not be reached for comment.

''We still have a long way to go,'' said Gilles Rouveure, a French police investigator specializing in financial fraud. ''We're still trying to track down all the people involved.''

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11 arrested in Europe stock swindle
[FIN Edition]



Toronto Star - Toronto, Ont.
Author: (REUTER-SPECIAL)
Date: Aug 3, 1988
Start Page: B.1
Section: BUSINESS TODAY
Text Word Count: 431



Abstract (Document Summary)




[iframe style="POSITION: absolute; TOP: 0px; LEFT: 0px" id=aswift_0 height=200 marginHeight=0 frameBorder=0 width=200 allowTransparency name=aswift_0 marginWidth=0 scrolling=no][/iframe]

They were identified as Thomas QUINN, Rachel Rothfleish and Dominik Di Mare. A British citizen identified as Carl Davies, 41, was also among those arrested, police sources said.

The arrests were made coincidentally with police raids on the offices of Kettler Investment, registered in Liechenstein, Equity Management Services of Switzerland and Falcontrust Financial of Switzerland, according to the London newspaper The Times.

The sources said the network of fraudulent investment companies was believed to be active in Bahrain, Argentina, Liechtenstein, Cyprus, Sweden and France. They said profits from the scheme were laundered through a Gibraltar bank account.


11 arrested in Europe stock swindle
[FIN Edition]



Toronto Star - Toronto, Ont.
Author: (REUTER-SPECIAL)
Date: Aug 3, 1988
Start Page: B.1
Section: BUSINESS TODAY
Text Word Count: 431



Abstract (Document Summary)




[iframe style="POSITION: absolute; TOP: 0px; LEFT: 0px" id=aswift_0 height=200 marginHeight=0 frameBorder=0 width=200 allowTransparency name=aswift_0 marginWidth=0 scrolling=no][/iframe]

They were identified as Thomas QUINN, Rachel Rothfleish and Dominik Di Mare. A British citizen identified as Carl Davies, 41, was also among those arrested, police sources said.

The arrests were made coincidentally with police raids on the offices of Kettler Investment, registered in Liechenstein, Equity Management Services of Switzerland and Falcontrust Financial of Switzerland, according to the London newspaper The Times.

The sources said the network of fraudulent investment companies was believed to be active in Bahrain, Argentina, Liechtenstein, Cyprus, Sweden and France. They said profits from the scheme were laundered through a Gibraltar bank account.




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