AJ DiScala Co-Conspirator admits they did illegal trades in Microcap Fraud Ring

AJ Discala microcap fraud co-conspirator

UPDATE 8.8.16- Court records show Goodrich was ordered to pay only $3,938 in forfeiture fines for his role in the manipulation of a stock called Cubed. He is still waiting to be sentenced. Original Text A So-Cal stock broker admitted to aiding in the pump and dump of penny stock Cubed with accused microcap fraudster AJ DiScala last week. Darren C. Goodrich, 37-year-old head trader at BMA Securities, plead guilty in Brooklyn federal court on June 27th to one count of conspiracy to commit … Continue

Microcap Attorney Jaclin’s Co-Conspirator Turned DOJ Witness in Shell Factory Scheme

Jaclin-atwork-pic

This story has been updated A 20-year veteran of Microcap financing deals, attorney Gregg Evan Jaclin, has been charged with running a shell-factory shop and securities fraud for nearly a decade. Yesterday I reported at Growth Capitalist the government has been building their case against Jaclin and his co-conspirator Imran Husain for years. Jaclin is […]

Continue

Unsealed Bear Stearns emails shows Executives lied about Bank Failure

Paul Friedman, Sam Molinaro, Warren Spector

For a few months I’ve been fighting behind the scenes to get a private civil fraud lawsuit against Bear Stearns and its senior leaders Jimmy Cayne, and Warren Spector unsealed. I won that battle last month in Manhattan federal court and discovered a war chest of internal emails by over a dozen Bear Stearns executives […]

Continue

Elio Motors Trades Up but Main St Investors Couldn’t Get Shares Deposited

This story has been updated Elio Motors IPO is still facing trading obstacles because thousands of mom and pop investors in the company can’t get the shares they bought in an equity crowdfunding campaign deposited with retail brokers. Since I first reported Elio’s troubles, on February 24th, at Growth Capital Investor the company told me […]

Continue

Fairfield Police Telling Friends Christopher Andrews was off his Meds Day of Killing

Who killed Chris Andrews

Neighbors and friends of a Fairfield, Conn. family who became victims to a fatal police shooting as a result of a domestic violence call say they are baffled why 51-year old Christopher Andrews would harm his family. But loose-lipped cops in Fairfield, Conn. are telling their friends attorney Christopher J Andrews had suddenly gone off […]

Continue

JP Morgan Pays Off Ambac for Full Amount of RMBS Fraud Claim

I once told millions of RT’s Keiser Report viewers JP Morgan was going to pay at least $1 billion dollars to mortgage insurer Ambac for Bear Stearns committing system wide mortgage-back securities fraud and then trying to cover it with accounting tricks. Last night that report came true when JPM settled with Ambac for $995 […]

Continue

Former NY Giants Amani Toomer’s brother Indicted in Mircocap Fraud

Donald toomer jr

Some of the bad actors who aided top New York attorney Adam Gottbetter in years of stock manipulation were exposed this month when they were charged criminally by the New Jersey DOJ. We know now Gottbetter’s criminally enterprise consisted of the brother of one of NY Giants best wide-receivers Amani Toomer and a Homdel, NJ […]

Continue