Crime sucks... now don't do the crime if you don't want to pay if your caught.
It seems like a guy that lost his money on a pinky scam complaining that the CEO pumped and dumped...
what about all those people that lost their money? they are not getting their money back... I think that financial suicide is quite deserving...
why... because for a guy that preached on the evils of pink sheet stocks... now has to pay more than he gained.. but he does not seem to take into account how many people lost money to give him those gains...
treble damages should be in order imho
how does the expensive brandy taste now.... i will have to buy a shot...
However, it is unclear that in this case Matt agreed to a personal money judgment of $4M - the entire proceeds gained by the crime. The motion for reconsideration states he didn't.
It seems inconceivable that under a plea agreement where the defendant receives a reduced sentence (for obvious cooperation) that a personal money judgment for anything other than the money he personally controlled would be entered.
It seems like the forfeitures of Matt's accounts would already satisfy most of that type of judgment. But, we'll just have to wait and see.
There will be a hearing about this issue raised by the motion for reconsideration. It may be avoided by a further agreement and clarification between Matt's attorney and the government attorneys. An appeal can be taken after any hearing and the entry of the final forfeiture order (the current one is only a preliminary forfeiture order). ... eom
Market Data 
Markets 
AI
