12:31:17 EDT Tue 21 May 2019
Enter Symbol
or Name

Login ID:
U S Securities and Exchange Commission
Symbol U : *SEC
Recent Sedar Documents

SEC defendant Giguiere's Ferrari headed for sale

2019-03-12 12:22 ET - Street Wire

Also Street Wire (U-ASNT) Arias Intel Corp
Also Street Wire (U-KVMD) Kelvin Medical INc

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 Gannon Giguiere, a California stock tout charged for a pump-and-dump scheme that included three Canadians, will have to give up any hope of having his 2007 Ferrari F12 Berlinetta returned to him. Prosecutors in San Diego have asked a judge to approve a sale of the car, which they claim represents the proceeds of crime. They seized the vehicle after they charged Mr. Giguiere, operator of a touting website called TheMoneyStreet.

The request from prosecutors comes as part of a case in which they claimed that Mr. Giguiere was part of a $10-million scheme. (All figures are in U.S. dollars.) The government said that he published misleading tout sheets in support of the pump-and-dumps of three companies, Kelvin Medical Inc., Arias Intel Corp. and Eco Science Solutions Inc. Other accused include Vancouver's Kuldeep Sidhu and Toronto's Andrew Hackett. Also charged is Oliver Lindsay, a Canadian who had been living in the Cayman Islands.

Ferrari F12
Ferrari F12

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

© 2019 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.