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Emin Cohen

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Former Long Island Broker Admits To Her Role In $147 Million Stock Manipulation Scheme Former Long Island Broker Admits To Her Role In $147 Million Stock Manipulation Scheme
Former Long Island Broker Admits To Her Role In $147 Million Stock Manipulation Scheme A former Long Island stockbroker has admitted to her role in a $147 minion stock manipulation scheme. Stephanie Lee, 48, a former broker who worked with Plainview-based Elite Stock Research and Melville-based My Street Research, pleaded guilty in Central Islip federal court to misleading investors into purchasing artificially inflated stock in publicly traded companies. Lee is one of 16 who were charged in July 2017 in connection to the scheme and fourth to plead guilty. U.S. Attorney Richard Donoghue said that she specifically pleaded guilty to: Conspiracy to securities fraud and securit…

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by Zak Failla
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Long Island Man Sentenced For Role In $147M Stock Manipulation Scheme Long Island Man Sentenced For Role In $147M Stock Manipulation Scheme
Long Island Man Sentenced For Role In $147M Stock Manipulation Scheme A Long Island man will spend time behind bars for his role in a near $150 million scheme to defraud area companies and elderly investors. Emin Cohen, 35, of Coram, a cold-caller and accountant executive at My Street Research in Melville, was sentenced to two years in prison and ordered to pay $86,168 in forfeiture after pleading guilty to conspiracy to commit securities fraud in connection with a multi-defendant, $147 million scheme to defraud investors in publicly traded companies.  Between January 2014 and July 2017, Cohen and 15 others participated in a “pump and dump” stock fraud s…

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by Zak Failla