Replies to post #3787 on Phoenix Associates Land Syndicate (fka PBLSQ)

[analyzethis]

Then he is no different than a "real time" PR firm? :-)

[Mr Mel]

I’m not sure how legal it is. It looks like he had to pay the money back plus interest

http://www.infoplease.com/ipa/A0876592.html

Jonathan Lebed,
15, high-school student, earned at least $250,000 in six months in an online “pump and dump” stock scheme in which he bought thinly traded stocks, promoted them on Internet message boards, and then sold them at a tidy profit after the prices increased. He agreed to pay back the earnings plus interest to settle a civil lawsuit brought by the Securities and Exchange Commission.