Message #9 From:
Poster Date: June 8, 2008 01:21:34 PM
ACKO is just a shell company
FOR IMMEDIATE RELEASE CRT MAY 7, 2008 (202) 514-2008 WWW.USDOJ.GOV TDD (202) 514-1888
THIRD INDICTED IN SECURITIES 'PUMP-AND-DUMP' SCHEME THAT CAUSED OVER $6 MILLION IN LOSSES TO INVESTORS
SANTA ANA - An Orange County man has been charged with participating in a "pump-and-dump" scheme orchestrated by his uncle in which they pumped up the value of two shell companies and then dumped their stock as the price rose.
... G. Harry operated Paladin Global Group, Ltd., which purported to provide business services to public companies, including Austin Chalk Oil and Gas, LLC and Am-Tex Oil & Gas, Inc. Sifford and J. Harry worked with Paladin.