USA v. Bandfield et al

  1. February 06, 2017

    2 Sentenced For $250M Offshore Pump-And-Dump, Tax Dodge

    A Brooklyn federal judge hit a man who set up companies that facilitated a $250 million offshore stock fraud, capital gains tax-dodging and money laundering operation with six years in prison on Monday, hours after sentencing one of the ripoff artists to a 12-year term.

  2. May 10, 2016

    Offshore Brokerage Owner Cops To $250M Penny Stock Scam

    The owner of an offshore brokerage pled guilty Monday to federal charges that he masterminded a $250 million penny stock trading scheme that inflated the value of celebrity social networking site Cynk Technology Corp. to above $4 billion, according to federal prosecutors.

  3. September 24, 2015

    Canadian Admits To Role In $300M Penny Stock Fraud

    A Canadian man accused of participating in a $300 million penny stock trading scheme that inflated the value of celebrity social networking site Cynk Technology Corp. to above $4 billion pled guilty on Thursday in New York federal court to his role in the scheme.