Forum Archive Index - September 2000

["Jeremy" <jeremy@electrosilk.net>]

Teenager pays back £200,000 over Net stock scam
By: Kieren McCarthy
Posted: 21/09/2000 at 17:34 GMT


A 15-year-old has agreed to pay back the $285,000 (£200,000) he made in
profit from dodgy share trading on the Internet. Apparently, Jonathan G
Lebed bought large amounts of cheap stocks and then hyped them up by sending
emails to financial newsgroups. As soon as the price peaked, he sold them.

full text at http://www.theregister.co.uk/content/1/13437.html


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