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To: Francois Goelo who wrote (10156)8/17/2005 3:29:48 PM
From: StockDung
   of 19419
 
SEC upholds lifetime ban over Mitton's H&R trading

2005-08-17 14:42 ET - Street Wire

Also Street Wire (C-*BCSC) BC Securities Commission

by Stockwatch Business Reporter

Florida broker Robert J. Prager, flying to New York on Sept. 26, 1997, apparently realized he had done something really wrong. The broker was on his way to answer for hundreds of thousands of shares he apparently sold to Vancouver brokerage Wolverton Securities Ltd. that failed to clear.

The shares, as it turned out, were part of the H&R Enterprises Inc. scheme, the 1997 stock fraud perpetrated by Vancouver's very own con man Michael Mitton and Florida stock tout David S. Heredia.

Seven years after that flight the NASD barred Mr. Prager from the securities industry for life for his part in the H&R scheme. His employer, Saperston Financial, went out of business over the fiasco.

Mr. Prager's version of events, however, did not surface until he pleaded with the U.S. Securities and Exchange Commission this summer to overturn the lifetime ban.

The ban stays

The SEC upheld the NASD ban. The regulator said Mr. Prager's conduct in the H&R scam was "extremely reckless." The H&R scheme, although developed by known fraudster Mr. Mitton and his Florida sidekick Mr. Heredia, was boosted by Mr. Prager's help, according to the SEC.

Mr. Heredia recruited Mr. Prager on Aug. 6, 1997, offering to pay him a three-cent commission for buying H&R and selling to specific accounts at other firms. The trading started off relatively small, with Mr. Prager buying blocks of less than 25,000 shares from Aug. 6, 1997, to Sept. 19, 1997.

H&R, which traded on the OTC Bulletin Board as a shell, steadily rose as Mr. Prager filled Mr. Heredia's buy orders, according to the decision.

"The trading that occurred between September 22 and 24, 1997, caused the inside bid price for H&R stock to soar from $2.21 to $6.09 per share, an increase of almost 175 per cent," the SEC said in its decision. (All figures are in U.S. dollars.)

The SEC said Mr. Prager was responsible for over half of the upticks on those days.

Wolverton discussed over dinner

According to the SEC, on Sept. 19, 1997, exactly one week before Mr. Prager was hauled up on the carpet in New York, Mr. Heredia apparently mentioned Wolverton to Mr. Prager for the first time. The pair were discussing business over dinner on a Friday night in Orlando.

"Heredia ... told Prager that he represented a $50 million institutional account at Wolverton Securities, Ltd., a Canadian firm, and that he would be directing Prager to make large purchases of H&R stock for the account in the coming week," the SEC said.

As it turns out, those large purchases doomed Mr. Prager's employer. The buying began within days of the Friday dinner.

"On Tuesday, September 23, 1997, at Heredia's direction, Prager bought more than one million shares of H&R stock from various broker-dealers," the SEC said.

The next day, Sept. 24, Mr. Heredia apparently instructed Mr. Prager to buy over five million shares, and to sell at least some of those shares to Wolverton. Mr. Prager did his best to fill the large order, substantially bidding up H&R in the process.

"The stock opened at $3.56 and closed at $6.09 [that day]," the SEC says.

The vicious circle

That was, however, where Mr. Prager and his employer's troubles first surfaced, according to the SEC. It seems the trades Mr. Prager negotiated with Wolverton and another brokerage used by Mr. Heredia, Equitrade Securities Corp., were having problems clearing.

"Prager learned that Equitrade and Wolverton were refusing to accept purchases of some 3.2 million shares of H&R stock from Saperston," the SEC says.

"On Friday morning, September 26, 1997, Saperston's back office informed Prager that 1.3 of the two million shares of H&R stock sold to Wolverton on September 24, 1997, still had not compared," the SEC said. "Prager was instructed to fly to Buffalo that evening to meet with officials of Saperston and its clearing firm," the SEC added.

The market for H&R collapsed shortly thereafter, leaving Saperston with a $9-million loss it could not absorb. The brokerage closed its doors the next business day, and its clearing firm was obligated to cover the loss.

Mr. Prager, in his defence, testified he did not realize H&R was being traded in a "circular nature" until he was flying to Buffalo to answer for what happened. He said his part in the circle involved buying from a brokerage named Hill Thompson and selling to Wolverton.

"We're buying [H&R stock] from Hill [Thompson], you know. It's a lot of stock. Where's Hill [Thompson] getting the stock from? They're getting it from Wolverton ... And then we're selling to Wolverton who is selling to Hill [Thompson] who is selling to us and so on and so on," Mr. Prager testified.

The SEC, in denying Mr. Prager's request to be reinstated, said he should have realized something fishy was going on.

"As Prager acknowledged, the circular trading in H&R stock was a 'red flag' that he should have heeded," the SEC admonished.

Wolverton was not accused of any wrongdoing in the H&R scheme.

James Alexander remains suspended

The SEC, in the same decision, also declined to overturn an earlier NASD decision suspending James Alexander, president of Los Angeles brokerage J. Alexander Securities Inc., for two years.

The NASD suspended Mr. Alexander last summer for failing to properly supervise one of his Florida brokers who played a smaller role in the H&R scheme.

Citing Mr. Alexander's "substantial disciplinary history," the SEC said the NASD was proper in barring the 70-year-old broker.

"Alexander, through his supervisory failures, allowed [his employee] to participate in an extensive market manipulation," the SEC said.

(Coincidentally, Mr. Alexander's firm was used in an unrelated SEC case earlier this year involving Vancouver brokerage Research Capital Corp. In that case, the SEC said former Colorado broker Jeffrey Hayden made a series of wash trades between accounts he controlled at Research Capital and J. Alexander Securities.

J. Alexander Securities also turned up in the case of disbarred securities lawyer Thomas Eck. In that case the SEC said Mr. Eck used J. Alexander Securities and Vancouver firm Union Securities Ltd. as unknowing conduits in the M&A West Inc. pump-and-dump.

There was no indication any of the brokerages used by Mr. Eck or Mr. Hayden knew anything was amiss, and none of them were accused of any wrongdoing.)

Michael Mitton could face lifetime ban

Mr. Mitton, the Canadian who perpetrated the H&R scheme, is currently subject to a 20-year trading ban in B.C. handed down by the B.C. Securities Commission in 1988. In light of Mr. Mitton's failure to abide by the ban, the BCSC is considering making the ban permanent, although it is not clear such a ban would make much difference to Mr. Mitton.

Mr. Mitton, who has over 100 criminal convictions to his name, made headlines in 2000 when he was jailed for four years for violating the BCSC's 20-year ban.



--------------------------------------------------------------------------------

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To: scion who wrote (15601)8/17/2005 3:35:06 PM
From: scion
   of 19419
 
A new James Dale Davidson production -

AMENNI, INC. [was Bioceutics Inc. until 5 Jul 05]
--------------------------------------------------------------------------------
PRINCIPAL ADDRESS
455 BARSTOW ROAD
PRINCE FREDERICK MD 20678
--------------------------------------------------------------------------------

MAILING ADDRESS
110 EAST BROWARD BLVD.
SUITE 1700
FT. LAUDERDALE FL 33301
Changed 07/15/2005

Document Number
F03000005324
FEI Number
200339043
Date Filed
10/21/2003
State
MD Status
ACTIVE
Effective Date
NONE
Last Event
NAME CHANGE AMENDMENT Event Date Filed
07/01/2005

Event Effective Date
NONE
--------------------------------------------------------------------------------
Registered Agent
Name & Address
O'DONNELL, MICHAEL
PO BOX 3273
ORLANDO FL 32802
Address Changed: 07/15/2005
--------------------------------------------------------------------------------

Officer/Director Detail Name & Address Title

LOCHRIE, PATRICK
110 EAST BROWARD ST
FT. LAUDERDALE FL 33301 CEO

DAVIDSON, JAMES D
321 SOUTH ST. ASAPH STREET
ALEXANDRIA VA 22314 PV

O'DONNELL, MICHAEL
PO BOX 3273
ORLANDO FL 32802 SD
_____________________________________________

amenni.com

Marketing Distribution and Product Development News

Middle East

Our Chairman Mr Patrick J Lochrie has recently had discussions with Senior Health Officials from several Middle East countries at our Dubai offices with a view to having our innovative Patch Products approved for use throughout their respective National Health services.

Japan

Amenni are in discussions with a Japanese Pharmaceutical manufacturer and distributor with a view to Amenni's products being sold in Japan

North America

Amenni LLC in Ft Lauderdale have agreed to merge with our US Distributor Bioceutics Inc Of Orlando Florida. The Merged Company will be Amenni Inc based at 110 East Broward Blvd Ste 1700 Ft Lauderdale FL 33301

Mr Lochrie will be President and CEO Mr Michael J O'Donnell will be Secretary.

Amenni Inc are in negotiations with Nannaco Inc with a view to merging both companies.

Nannaco Inc is a publicly traded company NNNC.OB

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To: StockDung who wrote (15602)8/17/2005 4:29:15 PM
From: BWAC
   of 19419
 
"the circular trading in H&R stock was a 'red flag' that he should have heeded,"

-------------------------------------------------------
So other than a sham company stock, how does this circular trading scheme differ from todays computer trading algorithm dominated markIt in just about any security that does over 1 million daily volume?

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To: Francois Goelo who wrote (10156)8/17/2005 5:18:22 PM
From: StockDung
   of 19419
 
Feds Raid Notorious Diploma Mill

Written by: Mohamed Elmeshad
Published: 08/17/2005

The Secret Service and other government officials raided the homes and offices of people connected with the St Regis University diploma mill in Arizona, Idaho, and Washington State a as part of an ongoing investigation on the fake institution. (Saint Regis has no connection with Regis University, in Colorado, or Regis College, in Massachusetts, both of which are accredited private colleges.)

St. Regis is one of the most notorious diploma mills in the country. It falsely claimed to be accredited by the government of Liberia and would sell diplomas on its website for several hundred dollars. The entity recently appears to be operating under the name James Monroe University, which claims accreditation from the World Association for Online Education, a bogus accreditor.

Among the houses searched was that of Dixie and Steve Randock, of Spokane, Wash., who are believed to be behind Saint Regis and James Monroe. The US attorney’s office in Spokane already began proceedings to seize their property because they used money they made from the diploma Mill to pay for the house and the surrounding land.

The raids are most probably the result of the persistent amateur investigative work of George Gollin, a physics professor at the University of Illinois at Urbana-Champaign, who has made shutting down Saint Regis something of a personal mission. Dr. Gollin is a frequent contributor to AACRAO meetings and workshops and continued to speak out about St. Regis despite threats of violence.

The St. Regis investigation is probably the largest ever crackdown on a fake university.

###
Related Links:

Chronicle of Higher Education
chronicle.com

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To: StockDung who wrote (15605)8/17/2005 8:12:02 PM
From: scion
   of 19419
 
Well done, Prof. Gollin!

The raids are most probably the result of the persistent amateur investigative work of George Gollin, a physics professor at the University of Illinois at Urbana-Champaign, who has made shutting down Saint Regis something of a personal mission. Dr. Gollin is a frequent contributor to AACRAO meetings and workshops and continued to speak out about St. Regis despite threats of violence.

aacrao.org

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To: StockDung who wrote (15605)8/17/2005 8:39:23 PM
From: scion
   of 19419
 
Couple face diploma mill investigation

Tuesday, August 16, 2005
THE ASSOCIATED PRESS

SPOKANE -- Law enforcement officers have raided alleged diploma mills in Spokane and Post Falls, Idaho.

The search warrants were issued as part of an eight-month investigation against Dixie and Steve Randock of Colbert, according to documents filed Thursday in U.S. District Court.

The documents say the Randocks and others are under investigation for possible mail and wire fraud and money laundering.

No criminal charges had been filed, but a civil suit filed Thursday sought forfeiture of a Colbert home and adjoining property owned by the Randocks.

The criminal investigation centers on the Randocks' involvement "in a number of Internet-based virtual 'schools' that offered fraudulent high school and college degrees for purchase over the Internet," the court documents say.

"Steve and Dixie Randock and others are involved in manufacturing and selling fraudulent 'degrees' to consumers throughout the United States and world over the Internet, using various entities, including Saint Regis University, James Monroe University, Robertstown University, Trinity Christian School and others," according to court documents.

The Randocks also sell "accreditation" and "transcript verification" to other bogus online diploma mills, the documents stated. The Randocks couldn't be reached for comment.

Some of the various business names used by the Randocks and others include "A+ Institute; Advanced Education Institute Trust; Kaching Kaching and When Pigs Fly," the court documents said. "Depending on the type of 'degree' a consumer wants to obtain, the suspects charge fees ranging from $399 to $2,454," documents allege. "The 'degrees' are then shipped or mailed via interstate carrier or the U.S. Postal Service to the purchasers."

The investigation includes the Washington state Attorney General's Office, numerous federal agencies and the Spokane Police Department.

seattlepi.nwsource.com

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To: StockDung who wrote (15605)8/17/2005 8:43:09 PM
From: scion
   of 19419
 
Sixth man faces scam charges

Case stems from cleaning compound

By KEVIN BLANCHARD
Wednesday, Aug. 17
Acadiana bureau

ABBEVILLE -- A business partner of former Vermilion Parish Sheriff Ray LeMaire has been charged in connection with an alleged investment scam based on a phony product.
Roland Peltier, 67, a former deputy, who along with LeMaire owns RnR Environmental, was expected to turn himself in to authorities Tuesday.

Peltier is the sixth man indicted for racketeering, criminal conspiracy and securities fraud for illegally selling stock in a California company that claimed to have developed a new oil field-waste clean-up chemical to attract more than $1 million from investors in the Acadiana area.

The purportedly patented chemical -- which apparently wowed investors during demonstrations -- turned out to contain nothing more special than household chemicals, according to the Attorney General's Office, which brought the indictments.

Three of the indicted men are from California and owners of ESS Environmental, which is incorporated in that state.

They hired two actors with Acadiana roots to hold seminars in Abbeville and attract investors, according to the Attorney General's Office.

Peltier also was indicted for being an accessory after the fact for allegedly contacting the three California men on Friday -- when a Vermilion Parish grand jury handed down the indictments -- with the intent of helping the men "avoid or escape from arrest, trial, conviction or punishment," Peltier's indictment reads.

Peltier's attorney, Charles Sonnier, said the indictment resulted because Peltier is friendly with the two actors and wanted to help them.

"He's a good-hearted Cajun fellow who takes everybody in," Sonnier said. "They filed a charge to keep him from helping."

According to the Attorney General's Office, ESS Environmental's two spokesmen in Abbeville, actor John Valdetero and director Steven Esteb, convinced about 150 investors in Vermilion and Lafayette parishes by establishing trust and gaining entry into prominent circles of society.

The investors included lawyers, judges and government officials.

The two men had their pictures on the walls of local restaurants, gave bicycles away for Christmas and even secured the support of two area state legislators: state Sen. Nick Gautreaux, D-Abbeville, and state Rep. Mickey Frith, D-Abbeville.

Gautreaux said Tuesday that he was first approached about ESS Environmental and its product, "R6000," by Peltier and LeMaire.

The legislators even had ESS Environmental representatives demonstrate the technology to the state Department of Economic Development. The legislators promised in an April news release to put the company "on the fast track" to state investment.

ESS Environmental has an office in a small house on South Jefferson Street in Abbeville. That same house is also headquarters for RnR Environmental, a limited liability company whose two members are Peltier and LeMaire, according to the Secretary of State's Office.

RnR incorporated Feb. 7. Indictments in the case say ESS Environmental began working in Vermilion Parish around Sept. 1, 2004.

ESS Environmental's principals in California include Thomas R. Jennings, 49, of Anaheim; David Feuerborn, 44, of Camarillo; and Arthur M. Feuerborn, 40, of Camarillo.

The Feuerborns traveled to Abbeville on Monday and were booked into Vermilion Parish Jail.

Bond was set at $1 million each.

Jennings was arrested Friday at his office in California by the Orange County Sheriff's Office, which had worked with state investigators for a week before the arrest, Orange County Sheriff's spokesman Jon Fleischman said.

Esteb, 47, and Valdetero, 40, were also booked Monday.

Bond was set at $20,000.

Each of the men was indicted with racketeering, securities fraud and two counts of criminal conspiracy.

The bogus company, ESS Environmental Inc. -- also known as Environmental Soil Sciences -- has lured investors in eight states since 1992, though Louisiana is the first state to hand down an indictment, said Arthur Schafer, an assistant attorney general in Lafayette.

Bernie Bicoy runs a company, Venture Research Institute, that pools venture capitalists and accepts proposals for investments.

When ESS Environmental made a request for investments in 2003, including a claim that Chevron is "working with us," Bicoy responded with a few questions.

ESS Environmental never responded.

Most companies would "crawl over broken glass" to answer investors questions, if there were a reasonable answer, Bicoy said.

Bicoy said he deals with several proposals like ESS' each week.

The FBI estimates investors lose $40 billion a year to bogus companies, but the Securities and Exchange Commission only catches $5 billion worth, Bicoy said.

The Attorney General's Office has begun civil proceedings to freeze the assets of the company and the five men, said Burton Guidry with the Attorney General's Office.

The racketeering charge will allow prosecutors to pursue the men's assets, which will be used to reimburse investors, Schafer has said.

The state racketeering statute has never been used successfully on a case not involving drugs, Schafer has said.

Most investors who have lost money on fraudulent schemes rarely get more than 3 to 5 percent returned, Bicoy said.

2theadvocate.com

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To: StockDung who wrote (15605)8/17/2005 8:52:26 PM
From: scion
   of 19419
 
New Details in Diploma Mill Investigation


Startling new details about a recent federal raid have been released. As News4 first reported last week, several Spokane residents are accused of operating online diploma mills and could face money laundering and wire fraud charges. According to search warrants released Monday, they are also being investigated for allegedly bribing International officials.

According to federal search warrants, the Secret Service believes a group of people have been bribing Liberian officials, paying thousands of dollars for government accreditation. According to the search warrants, the ones leading the bribing live right here in Spokane and have been operating since at least 1999. We learned of the criminal investigation last week, when federal agents raided several Spokane homes and businesses, including an office on Newport Highway, where the government says Dixie and Steve Randock, Sr. operated more than 100 websites, offering fake degrees and accreditation for online diploma mills.

Northwest Business Stamps in Hillyard was also raided. Investigators say owner Blake Carlson helped create false degrees and sign phony signatures. The Secret Service says Carlson received at least $30,000 for his help. Secret Service agents seized dozens of computers and files, directly linked to online schools like St. Regis University and an undercover agent even held meetings with one of the suspects involved, who now lives in Arizona.

Those conversations were recorded and reportedly prove the group was actively bribing Liberian officials and not paying taxes on the hundreds of thousands of dollars they earned. No one has been indicted on these charges yet. The governments also want to seize the Randocks home, because they allegedly paid for it from this fraudulent scheme and never declared it as an asset in a recent bankruptcy.

kxly.com

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To: StockDung who wrote (15605)8/17/2005 8:58:15 PM
From: scion
   of 19419
 
Feds investigate diploma mills: Sites in West raided; records that name local man are sought,

web.hep.uiuc.edu

Steve Orr, Rochester, New York Democrat and Chronicle, August 17, 2005.

Federal authorities are conducting a criminal probe of suspected "diploma mills" that could involve bogus accreditation supplied by a Liberian government official — and a Rochester-area man appears to be at least tangentially involved in the case.

The U.S. Secret Service raided homes and businesses in the western United States late last week in connection with the probe, which is focused on St. Regis University and several related online colleges that claim accreditation from a Liberian government agency. An affidavit filed in court by a Secret Service agent said the colleges sell degrees to "students" and require little or no coursework.

The affidavit said an agent obtained four bogus degrees from the online institutions while working undercover earlier this year.

The operators of the colleges, which appear to be based in Spokane, Wash., have reaped at least several million dollars from the scheme, the affidavit said.

Richard J. Hoyer, an Irondequoit resident with a history of involvement in online colleges, is identified in the affidavit as having been connected to St. Regis and the Liberian accreditation gambit in the past.

Agents listed records or other documents bearing Hoyer's name as among the items they were seeking in their searches.

In stories published in 2003, the Democrat and Chronicle reported that Hoyer had drawn scrutiny from education regulators in at least three states. New York ordered him to cease operating an online homeland-security college in October 2003 because it had no state authorization.

The newspaper also reported that Hoyer was involved with an entity that was arranging accreditation in the name of the African nation of Liberia. Accreditation, if bestowed by a legitimate entity, serves as proof that a college or university program has met strict standards.

The Secret Service affidavit said an agent posed as a would-be operator of an online university and was introduced to Abdulah K. Dunbar, a Liberian Embassy official, at a July 7 meeting that was secretly videotaped by other agents. The affidavit said Dunbar promised he could arrange for Liberian accreditation for the university in return for a $5,000 payment.

Hoyer did not respond to an e-mail seeking comment Tuesday. In an e-mail he sent to a Democrat and Chronicle reporter in December on another matter, he disavowed any past or present connection with St. Regis...

--------------------------------------------------------------------------------

Federal agents execute search warrants in Spokane, Idaho, and Arizona.

As part of an ongoing investigation, federal, state, and local investigators carrying search warrants entered seven private and commercial addresses in Washington State, Idaho, and Arizona on Thursday, August 11. Agents removed documents and computer hardware for further inspection.
The investigation focuses on businesses that are alleged to sell university degrees.

Agencies participating in the investigation include the U.S. Secret Service, the U.S. Internal Revenue Service, the office of the U.S. Attorney for the Eastern District of Washington, the U.S. Immigration Customs Enforcement Bureau, the U.S. Postal Inspection Service, the Office of the Attorney General of Washington State, and the Spokane, Washington Police Department. The Secret Service is the lead agency in the investigation.

Searches were conducted at the following addresses:

14525 N. Newport Hwy, Mead, WA

601 E. Seltice Way B-8, Post Falls, ID

office of Northwest Business Stamp, Inc.
5210 N. Market Street, Spokane WA

residence of Dixie Randock and Steve Randock, Sr.
3127 E. River Glen Drive, Colbert, WA

residence of Heidi Lorhan and Douglas Lorhan
14308 E. 22nd Ave., Veradale, WA

residence of Richard Novak
14628 North 90th Dr., Peoria, AZ

residence of Amy Hensley
8015 E. Baldwin, Spokane, WA

See also:

Feds Crack Down On Alleged Diploma Mills, KXLY News (Spokane, Washington), August 11, 2005. The web page currently includes a link to a video of the broadcast story.

Agents visit diploma mill sites, Bill Morlin, Spokane Spokesman-Review, August 12, 2005.
A task force of federal and state agents, investigating one of the biggest diploma mill schemes in the United States, served search warrants Thursday in Spokane, Post Falls and Arizona.
The search warrants are part of an eight-month investigation that is building a criminal case against Dixie and Steve Randock of Colbert, who are believed to be the masterminds behind the bogus college degree operation.

Hundreds of thousands of dollars in profit from the scheme are being laundered through domestic and off-shore bank accounts, according to documents filed Thursday in U.S. District Court.

Those documents say the Randocks and others are under investigation for possible mail and wire fraud violations and money laundering...

Bogus degrees offer way to U.S., Bill Morlin, Spokane Spokesman-Review, August 16, 2005.
Foreign nationals, including potential terrorists, could legally gain entry into the United States with fraudulent degrees purchased from Spokane-based diploma mills, documents made public Monday reveal.
Half the "degrees" sold by Saint Regis University and other diploma mills were sold to overseas purchasers, a majority of which were for "students" from Saudi Arabia, the documents say...

The documents don't give a specific number of degrees sold overseas, but they disclose the operation based in Spokane and North Idaho has "made millions" in the last few years.

Offshore bank accounts are being used as part of the alleged money-laundering operation directed by Dixie and Steve Randocks, the documents allege.

An eight-month task force investigation, outlined in the documents, revealed that a top-ranking Liberian diplomat based in Washington, D.C., was soliciting cash bribes from the Randocks and their associates based in Spokane, Post Falls and Arizona.

The Liberian Embassy official demanded the bribes in exchange for lining up "accreditation" for Saint Regis University and other diploma mills and for arranging payments of $50 to $100 a month to Liberian educators who would pose as "faculty members" for the online universities.

As part of the investigation, the demands for the "cash payments" were secretly videotaped during a July 5 meeting at the Mayflower Hotel in Washington, D.C., where an undercover U.S. Secret Service agent from Spokane attempted to buy an online diploma mill for $100,000.

Abdullah Dunbar, the deputy chief of the Liberian Embassy in Washington, D.C., demanded $5,000 and an expense-paid trip to his homeland to finalize accreditation for the online university, the court documents allege.

Asked if any laws were being violated by making such a demand, Dunbar responded, "Nah, I'm a diplomat," according to the court documents. If he isn't charged, U.S. authorities are expected to seek Dunbar's deportation, according to a source familiar with the case.

There have been no arrests, and no criminal charges have been filed.

But a 141-page affidavit, filed Monday in U.S. District Court, makes it clear that the task force is on the verge of seeking federal charges for conspiracy, wire and mail fraud, money laundering, bankruptcy fraud, income tax evasion and engaging in "prohibited foreign trade practices."...

(The Spokesman-Review has given permission for the full text of the article to be posted here.)

--------------------------------------------------------------------------------

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To: StockDung who wrote (15605)8/17/2005 9:00:09 PM
From: scion
   of 19419
 
Information resources concerning unaccredited degree-granting institutions:

web.hep.uiuc.edu

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