Monday, Jun. 26, 2000
A Plotline They Couldn't Refuse
By Melissa August, Greg Burke, Val Castronovo, Matthew Cooper, Daren Fonda, Benjamin Nugent, Julie Rawe, John Rosenblatt, Josh Tyrangiel, Alexandra Wolfe
LIFE IMITATES ART Have mobsters been watching too much TV? With the arrest of several gangsters for allegedly running a stock scam, the script seemed right out of HBO's hit series The Sopranos. In fact, it was:
SOPRANOS: REAL LIFE:
THE SCAM
Jan. 16, 2000: Christopher June 14, 2000: New York Moltisanti, far left, sets up mobsters busted for a brokerage operation to "pump setting up brokerage and dump" phony stock operations to "pump and dump" penny stocks
TACTICS
High-pressure phone calls High-pressure phone calls
TECH STOCK OF CHOICE
Webistics E-Pawn.com
VICTIMS
Senior citizens Senior citizens
PRICE FOR NOT COOPERATING
Bloody beatings Bloody beatings