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by Mike Caswell
The FBI has arrested four men for a proposed $2-million pump-and-dump of Biocube Inc., an OTC Markets company that had a marijuana breathalyzer. (All figures are in U.S. dollars.) Prosecutors in New York claim that the men had a plan to manipulate Biocube as high as $1 and to sell shares through offshore accounts. The scheme would have included a group of unnamed Canadian promoters who would have received 30 per cent of the money, prosecutors say.
Those charged include Chris Messalas, 55, a former broker previously sanctioned by the U.S. Securities and Exchange Commission. He was arrested at his home in New York on Friday, April 14. Also charged are Boris Rubizhevsky, 66, of New Jersey; Michael Garnick, 58, of Pennsylvania; and Dimitrios Argyros (also known as "Jimmy"), 50, of New Jersey. The three were arrested on Friday as well. The case includes a fifth defendant, who the government has not yet named.
The allegations against the men are contained in a criminal complaint filed in the Eastern District of New York on April 10, 2017. The document, which was sealed until after the arrests of the four men, describes a scheme in which the group planned to boost Biocube with manipulative trades while hiding their control over the company through offshore entities. They expected to sell $2-million worth of shares, the government claims.
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you named Gordon Fisher in instead of Glynn Fisher.. Gordon Fisher is with the VANCOUVER SUN or unless he is a on the board of Verdmont and that would be very interesting.. The Vancouver Sun has never written to many stories about Verdmont..lol