[CrackMonkey] [Pigdog] "Nothing, Mom, just playing on the computer..."

[Nick Moffitt]

----- Forwarded message from Gregory L Niemann <gregory.l.niemann at lmco.com> -----

Wednesday, September 20, 2000

15-year-old in fraud case
- By Emily Church

The SEC says it's settled civil fraud charges against Jonathan G.
Lebed, age 15, for using the Internet to conduct a stock manipulation
scheme that made profits of $272,826. Ronald Long, SEC District
Administrator, said Lebed bought blocks of microstocks and then sent
"numerous false and/or misleading unsolicited e-mail messages" touting
his purchases in stocks that include Just Toys Inc. (JUST.OB: news,
msgs) and The Havana Republic (HVAR.OB: news, msgs). The case is the
first for the SEC against a minor.

----- End forwarded message -----

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