Replies to post #63466 on Nutra Pharma Corp (NPHC)

[kex0414]

the sec was very disappointed when they found out deitch didnt sell any of his shares

.I can't find that statement from the SEC anywhere. Link please.;-)

[I-Glow]

When there is securities fraud and it takes this long it means the SEC has the Justice Department is now involved. I followed one stock where it was 4 years after the suspension that the Justice Department filed a criminal complaint.

When the CEO of a PubCo has been busted by 2 different brokerage firms suspended his accounts for attempting to manipulate the price.

That is at the top of the list for Securities Fraud.

Deitsch can't get out of the disaster he created.

You seem to believe that the Judge dismissed the complaints against Deitsch and that isn't close to being true.

Deitsch will be banned from any involvement in Securities for a minimum of 5 years - and Deitsch will plead guilty and try to control the control behind the scenes. That never works.

IG

[I-Glow]

The SEC isn't disappointed - read the complaint.

"Approximately one week later, on June 23, 2015, Broker A sent Deitsch an email describing manipulative trading practices:

We want you to know the relevant rules about trading the securities you hold in your account, especially a practice known as manipulative trading….

Manipulative trading practices involve the purchase, sale, or other
transactions in any security for the purpose of:

- Creating or inducing a false, misleading, or artificial appearance of activity in the security.

- Unduly or improperly influencing the market price of the security.

- Setting a price that does not reflect the true state of the market in the
security....

Manipulative trading practices constitute a serious violation of exchange trading rules.

186. One month after that, on July 23, 2015, Broker A closed Deitsch’s brokerage account and sent him a letter to inform him of that decision: “We are writing to inform you we have made the decision to terminate our business relationship with you…. [Broker A] will not change this
decision. Please do not attempt to open a new [Broker A] account in the future.”

Why don't you post your proof that the SEC is disappointed.

If the FBI is involved Deitsch won't know it until the knock on the door. And they will Bluesheet every trade and see the involvement of the NPHC insiders.

IG