Replies to post #16098 on DNA Brands Inc (DNAX)

[Ed the Trader]

"Last I heard, the SEC had executed personal lawsuits against most of the people who were running the Money Runners group to completely shut them down."

I'm not making this stuff up about Money Runners.

(Reference: http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542594818#.VBxRmlfT2ns)

Plus, 3 of the 4 individuals are also facing criminal charges filed by the U.S. Attorney’s Office for the Western District of Washington.

Personally, I don't see why anything that was done should be illegal. It looks like they ran some wash trades between themselves to create the illusion of more market volume than really existed. The SEC calls that manipulative, and I agree, but I still don't think it should be illegal.

Anyway, I just cannot imagine that any of those guys from Money Runners are going to be doing anything to call attention to themselves for a very long time.