PDA

View Full Version : SEC Halts Trades in 379 Shell Companies in Fraud-Prevention Push - Bloomberg



FraudNews
05-14-2012, 07:38 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG3MEifOyRXSqI8QYgG9_ 7PRiXioQamp;url=http://www.bloomberg.com/news/2012-05-14/sec-halts-trades-in-379-shell-companies-in-fraud-prevention-push.htmlimg src=//nt3.ggpht.com/news/tbn/m2W2a5mG4mdWbM/0.jpg alt= border=1 width=80 height=51 /br /font size=-2Bloomberg/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG3MEifOyRXSqI8QYgG9_ 7PRiXioQamp;url=http://www.bloomberg.com/news/2012-05-14/sec-halts-trades-in-379-shell-companies-in-fraud-prevention-push.htmlbSEC Halts Trades in 379 Shell Companies in bFraud/b-Prevention Push/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1Illicit profits are reaped when those behind the bfraud/b dump their shares into the market after pumping the prices higher. “Empty shell companies are to stock manipulators and pump- and-dump schemers what guns are to bank robbers -- the tools by which b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHM5FRKM2wF_9o45Ba2T3 RCXZeonwamp;url=http://online.wsj.com/article/BT-CO-20120514-711078.htmlSEC Suspends Trading In 379 Microcap Companies In bFraud/b Crackdown/afont size=-1 color=#6f6f6fnobrWall Street Journal/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHvxgfHhjn-gLE-GZ7oWzkhD9RDoQamp;url=http://www.imperialvalleynews.com/index.php/news/national-news/556-sec-microcap-fraud-fighting-initiative-expels-379-dormant-shell-companiesSEC Microcap bFraud/b-Fighting Initiative Expels 379 Dormant Shell Companies/afont size=-1 color=#6f6f6fnobrImperial Valley News/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d-QOSYMJ0VuD_dM7u2Uj0Ss94nJxMnobrball 19 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNG3MEifOyRXSqI8QYgG9_7PRiXioQ url=http://www.bloomberg.com/news/2012-05-14/sec-halts-trades-in-379-shell-companies-in-fraud-prevention-push.html)