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baomike

02/17/13 9:55 PM

#417 RE: Liam122 #416

They did get some PR this past week, two indictments by the FBI.

Fourteen Arrested for Market Manipulation Schemes That Caused Thousands of Investors to Lose More Than $30 Million



it focuses on deals involving three companies—Sport Endurance Inc., which purported to develop, manufacture, and distribute energy drinks and nutritional supplements; Imobolis, Inc., which came to be known as FrogAds and which purported to operate an online bulletin board for classified advertisements; and Empire Post Media, which purported to provide media services, including post-production services, for feature films and television programs.



http://www.fbi.gov/losangeles/press-releases/2013/fourteen-arrested-for-market-manipulation-schemes-that-caused-thousands-of-investors-to-lose-more-than-30-million