RE: RE: Nice!So you are involved too. Excellent! It's TD/Scotia bud. It's been going on since early Nov.
I guess all is well then. I'll phone the ASC and call off something that they confirmed. In the future I'll get more aliases to agree with myself and cool things down.
This never happens; yeah right. It's over buddy or fellas. Who ever you dorks are.
Interesting Case
Georgiou's indictment
On Feb. 12, 2009, a grand jury in the Eastern District of Pennsylvania indicted Mr. Georgiou on eight counts of fraud and one count of conspiracy. According to the indictment, Mr. Georgiou and Mr. Waltzer manipulated four stocks between April, 2004, and September, 2008. The indictment listed the companies as: Neutron Enterprises Inc., Avicena Group Inc., Northern Ethanol Inc. and Hydrogen Hybrid Technologies Inc.
Much of the indictment described the sting operation in which the FBI ensnared Mr. Georgiou. In 2007, the government learned of Mr. Georgiou's activities after launching the insurance fraud case against Mr. Waltzer. In the course of negotiating a plea agreement, Mr. Waltzer agreed to inform on several individuals, including Mr. Georgiou. He told prosecutors how he had helped Mr. Georgiou manipulate stocks by executing precise buy and sell instructions.
In 2007, the FBI had Mr. Waltzer introduce an undercover agent to Mr. Georgiou. The agent, who used the alias Charlie, used a deception previously employed on stock promoters. He pretended to be a person with access to corrupt brokers who were willing to use discretionary accounts to buy shares. In return, they would receive a kickback, typically 30 per cent.
According to the indictment, Mr. Georgiou agreed to small test transaction with Charlie in August, 2007. Charlie would have his brokers buy 16,000 shares of Northern Ethanol. The FBI then bought the stock using an undercover account, and Mr. Georgiou sent a $5,000 bribe.
The next step in the sting was a face-to-face meeting meeting, purportedly to discuss larger buys and larger kickbacks. According to the indictment, Mr. Georgiou met Charlie in the restaurant at the Ritz-Carlton hotel in Pennsylvania on Sept. 17, 2008. After the initial meeting, they went to a hotel room to discuss details. They agreed that Charlie would have his brokers buy $500,000 worth of stock every week for five months, and that the accounts would hold the stock for at least a year. At the end of the meeting, the FBI arrested Mr. Georgiou.
During Mr. Georgiou's sentencing, prosecutors sought a jail term of at least 30 years. They said he showed no remorse for his crimes, and presented a serious financial threat to society. The government also pointed out that Mr. Georgiou lied to the jury and, before the trial, threatened to have Mr. Waltzer's legs broken.
Mr. Georgiou asked for a term of nine to 11 years. Among other things, he said he was the sole source of financial support for his family. His wife would not be able to look after their four young children on her own.
In addition to the criminal charges, Mr. Georgiou is facing a parallel civil suit from the U.S. Securities and Exchange Commission. That case has been on hold pending the outcome of the criminal matter, and the SEC has not yet applied to reopen it.