Regis Possino - In 1995, Possino pleaded guilty in a Los Angeles federal court to participating in a fraudulent scheme to use overvalued stocks to inflate an insurance company’s balance sheet
Phillippe Hababou (aka Phillippe Solomon) Hababou was arrested in France and sentenced to 3 years in prison on April 16, 2004 for providing false banking statements in connection with Aerolyon (now L’Air Holdings)
Rafi Khan In May 2000 the SEC barred Khan from associating with any broker or dealer (with a right to reapply for association after five years) for his role in the manipulation of several stocks. In 2002 the SEC alleged that Khan had violated the terms of his order and sought testimony from Khan’s wife, Rubina Khan
Rakesh Saxena Saxena was arrested in BC in connection with a bank fraud case in which it is alleged that Saxena embezzled $88 million from a bank in Thailand. He is currently under house arrest in Vancouver awaiting the outcome of extradition proceedings.
Harvey Rubenstein Rubenstein is a former stockbroker and stock promoter who has served multiple prison sentences in Canada and the U.S. for fraud and wash trading. Rubenstein has since been pardoned.
74. Taub’s assistant, acting on instructions from Taylor, attempted to journal 500,000 shares of Trezac from Z3 Ltd. to Sharpe Capital Ltd. (“Sharpe Ltd.”), a company for which Taub was the registered representative. 75. When research compliance personnel rejected the journal request, new documentation was prepared by Taub’s assistant in which Frank Carino, the principal of Sharpe Ltd. stated that the journal request related to a personal settlement between the principals of Z3 Ltd. and Sharpe Ltd. and, further, that the journal request was made “without involvement of any other companies, including Trezac”.