Posts Tagged “Penny Stock”
$100 Fine For Penny Stock Scam
by The Compliance Exchange on January 10, 2013
Former Spongetech CEO Michael Metter will get a slap on the wrist after prosecutors made a major misstep in their case against the penny-stock pump-and-dump scheme.
All That Glitters Isn’t … The Case of John Zanic
by James Welsh on December 10, 2012
Canadian John Zanic was fined and barred by the SEC from ever again participating in penny stock public offerings after a bribery fraud.
12 Year Prison Sentence For Outrageous Ross Mandell, Sky Capital Con Man
by Beth Connolly on May 4, 2012
Ross Mandell, former CEO of Sky Capital LLC and convicted con man, was sentenced to twelve years in prison Thursday by Judge Paul Crotty, the Huffington Post reports. He also has to forfeit $50 million.
