SEC wins default judgment against Winick
2010-10-01 13:24 ET - Street Wire
Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission
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of course he will pay nothing
he is in singapore and his million plus dollar home is in his wife's name
she is here with the kids and he is in sinagpore
what a puke
he is a fraud artist
Posted by someone who knows him too well at 2010-10-01 17:44
I never understand these kind of cases. The person would not have filed all these spin off's unless there was a rule that was there allowed one to do this, then the company has to be approved by the regulators to trade, which means they should have stopped the scheme right there at the time. So the SEC is just as much in fault here, someone should sue the SEC.
Posted by Bewildered at 2010-10-01 21:59
while the SEC may be blameworthy, do not ever estimate the ability of fraud artists to spend their productive time trying to figure out how to get around rules
what the SEC should do is have teeth in canada and to seize the house because there is no way his wife could have bought that house
so suing the SEC does not solve this and let's another person get away with cheating innocent people and that is what he SEC should get into
Posted by someone who knows him too well at 2010-10-02 06:01
first sentence should say "underestimate" instead of just estimate
Posted by someone who knows him too well at 2010-10-03 06:09
His trouble is far from over.He should be in jail.One of the shells was sold to a european boiler room guy.They were pumping it and then they got busted.So maybe he is scared to travel as interpol is handling it and the boiler room owner was detained.Sandy is a criminal and should stay were he is.
Posted by boiler room bust linked to sandy at 2010-10-03 12:50
it runs in the family. check out his brother,marvin winick, ex c.a.
also, his home in toronto has the largest indoor tropical fish plant in the world. $3.5 million.
Posted by palaceplace at 2010-10-04 17:50
yes marvin and sandy worked together
marvin is a disgraced accountant who still practices and is doing more public companies for people
sandy should be in jail - that is correct
Posted by someone who knows him too well at 2010-10-06 06:04
Does anyone know if there is any recourse for someone that bought stock?
Posted by
john at 2010-11-18 08:59
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