SEC Charges 5 Reverse Merger Scheme Co-Conspirators

By Stephanie Russell-Kraft ( May 5, 2014, 6:52 PM EDT) -- The U.S. Securities and Exchange Commission in New Jersey federal court Monday charged a Toronto-based consultant and four associates for running illegal reverse merger schemes to bring two Chinese companies, an auto company and a plastics manufacturer, into U.S. markets to manipulate trading and reap millions in profits....

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