21. It was the first time the FBI has used such a front to go after stock fraud, he said. 22. It would be unfair to blame the apparent rise in stock fraud solely on the Internet. 23. It would lower the threshold of proof needed for investors filing lawsuits, thus increasing the exposure of individual accountants, lawyers and stockbrokers to stock fraud complaints. 24. Kessler pleaded guilty in December to insider trading, income-tax evasion and stock fraud. 25. Legal troubles continued to mount Wednesday for telecommunications equipment maker California Amplifier as a Boston-based law firm sued the company for stock fraud. 26. Morgenthau was examining the same law firm for its role in facilitating a New York-based stock fraud. 27. Micro-cap stock fraud is not a new phenomenon. 28. Now, with Bre-X, Canadian stock fraud has hit a new peak, at least in terms of dollars. 29. Other financial experts warn that older investors online could be vulnerable to stock fraud. 30. Regulators also want Duke, D.H. Blair and First United Equities to repay investors money they lost because of stock fraud, Nestor said. |