Minkow Charged In Stock Fraud, Extortion Case

Law360, New York (March 24, 2011, 7:37 PM EDT) -- A financial fraud investigator and ex-convict was charged with conspiracy in a Florida federal court on Thursday, a week after agreeing to plead guilty to allegations that he intentionally depressed a company's stock with false accusations of fraud.

Barry Minkow, who became an investigator after serving seven years in prison for stock fraud, published false statements as part of a scheme to extort money from Miami-based home builder Lennar Corp., on behalf of a former Lennar business partner who said he was owed money, according to...
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