Replies to post #1833 on SEC Charges Eleven in Stock Manipulation Ring

[QaB2i]

but these are the Pumpers with badges_ No?

[wEaReLeGiOn]

I'm surprised RICO hasn't been mentioned.


Since the investigation is ongoing, I suspect it may be inevitable.

http://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizations_Act

The Racketeer Influenced and Corrupt Organizations Act (commonly referred to as RICO Act or RICO) is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. RICO was enacted by section 901(a) of the Organized Crime Control Act of 1970 (Pub.L. 91-452, 84 Stat. 922, enacted October 15, 1970). RICO is codified as Chapter 96 of Title 18 of the United States Code, 18 U.S.C. § 1961–1968. While its intended use was to prosecute the Mafia as well as others who were actively engaged in organized crime, its application has been more widespread.



“Money laundering is a global threat, fuel for criminals to conduct their criminal affairs and is
used to manipulate and erode our financial systems,” said Don Fort, Special Agent in Charge,
Internal Revenue Service, Criminal Investigation, Philadelphia.