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by Mike Caswell

New York prosecutors have released a list of the stocks that they claim were manipulated by West Vancouver resident Gregg Mulholland and his co-accused in a $300-million scheme. (All figures are in U.S. dollars.) The list includes some previously known companies, such as Cynk Technology Corp. (the pink sheets listing that was briefly worth $4.5-billion in 2014). It also includes new names such as Pacwest Equities Inc., a purported green farming company that went to $1.04 before collapsing.

The list comes as Mr. Mulholland and his co-accused are awaiting trial on charges that he was part of a scheme to fraudulently manipulate several U.S. listings and then launder $300-million in proceeds. Much of the publicity to date has surrounded Cynk Technology, a purported social networking company. Prosecutors claim that Mr. Mulholland controlled a large block of shares through complex offshore structures as the company went to $13.90 from six cents over two months.

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