Web: Global Client Elgindy Slammed by US Attorney

Web

Global Client Elgindy Slammed by US Attorney

Bud Burrell, Lee M. Webb

Street Wire cited by Sanity Check via Wayback, 4 March 2006

Amr (Anthony) Elgindy, a short selling fraudster who conducted many of his trades through Vancouver-based Global Securities Corp., deserves “a very substantial term of imprisonment,” according to Assistant United States Attorney John Nathanson. In fact, the U.S. government thinks Mr. Elgindy should be locked up for life.

Mr. Elgindy was arrested in May of 2002 and convicted on 11 counts of a 32-count indictment for racketeering, securities fraud and extortion last January. He is now scheduled to be sentenced on March 22.

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Article: FBI Agent Fed Stock Guru Risky Information

Article - Media

FBI Agent Fed Stock Guru Risky Information

New York Post cited by RGM Communications via Wayback, 5 November 2004

A corrupt FBI agent in cahoots with inside traders revealed a steady stream of sensitive information — including one corporate executive’s alleged ties to the Russian mob and an undercover agent’s presence at another firm, according to court testimony yesterday.

The companies’ negative information was posted on the Web site of San Diego financial analyst and self-styled stock guru Amr “Anthony” Elgindy, who profited when their stock went down, a former Elgindy associate testified in federal court in Brooklyn.

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