No kidding - finally.
Its better than nothing , but not by much. imo.
The SEC's complaint also charges three others who began laying the groundwork for a pump-and-dump scheme involving a purported digital media company. The SEC alleges that Kevin Gillespie, Annetta Budhu, and Andrew Hackett entered into a number of sham stock and debt issuances, and Hackett wound up communicating with someone he believed to be a participant in the scheme who in reality was an undercover FBI agent.
The U.S. Attorney's Office for the Southern District of California has announced criminal charges in the case.
The SEC's complaint, filed in U.S. District Court in the Southern District of California, charges Giguiere, Lindsay, Hackett, Gillespie, and Budhu with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The SEC seeks permanent injunctions, disgorgement, penalties, penny stock bars, and officer-and-director bars against Giguiere and Gillespie.
Sure would be nice to know all the various “names” both real and pseudo - these slimeballs used in support of the scheme.
Oh and pictures of them.