This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

It appears that Roger "Rocket" Knox, the U.K. man awaiting sentencing in Boston for facilitating multiple pump-and-dumps, including at least four linked to Vancouver, will be a witness for the government. Mr. Knox has spent years living under house arrest in the United States after pleading guilty to charges stemming from a scheme he ran from Switzerland. Prosecutors claim that he facilitated the improper sale of $164-million worth of stock. (All figures are in U.S. dollars.)

Boston prosecutors have said little about the circumstances that led to Mr. Knox's guilty plea, but it now appears that he will be actively assisting the government in another case. Recent court filings show that Mr. Knox will be testifying against California's Joseph Padilla and Kevin Dills, who were charged for helping hidden insiders sell over $100-million worth of stock amidst a paid promotion. That case includes a Canadian connection, with the government claiming that the men routed trading through an as-yet unnamed Canadian brokerage.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS