Home › 4 Plead Not Guilty In Alleged Penny Stock Fraud Scheme
 

Keywords :   


4 Plead Not Guilty In Alleged Penny Stock Fraud Scheme

2014-09-12 12:19:57| Apparel - Topix.net

Four out of eight people charged in a penny stock "pump and dump" scheme that defrauded $290 million from thousands of investors were arraigned on Thursday following a two-year investigation. The defendants - Anthony Thompson, 38, of Bethesda, Maryland; Jay Fung, 40, of Delray Beach, Florida; Hanna Schmieder, 39, of Los Angeles; and Kenneth Oxsalida, 59, of Sebring, Florida - all pleaded not guilty before Judge Roger Hayes in Manhattan Supreme Court.

Tags: stock scheme fraud guilty

Category:Consumer Goods and Services

Latest from this category

All news
24.11Young people who refuse to work to lose benefits - minister
24.11'I was scammed out of 75k by Martin Lewis deepfake advert'
23.11'Trust and reserve judgement' on rebrand, says Jaguar
23.11UK wants to hire EU negotiator to 'reset' relations
23.11Sisters build global beauty brand from a garage
23.11Versace bag for 15: Why Christmas shoppers are choosing charity shops
23.11'We are being robbed': Homeowners feel trapped by rising fees
23.11'We are being robbed': Homeowners feel trapped by rising fees
Consumer Goods and Services »
24.11S
24.11
24.115
24.11SR
24.11 RC24.4.5
24.11115+128717dz
24.11lavaSUKALA 3
24.11508A
More »