August 10, 2012
A man who allegedly participated in a $12 million stock-promoting boiler room scheme was sentenced to five months in prison Friday, the day after a purported former U.S. Securities and Exchange Commission employee pled guilty to one count of conspiracy to commit securities fraud.
October 25, 2011
A Long Island, N.Y., man who collaborated with an alleged $12 million stock-promoting boiler room scheme that involved a purported ex-U.S. Securities and Exchange Commission staffer was sentenced to 27 months in prison Thursday.