Overcast 41°
Tag:

Elite Stock Research

News
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…

SHARE

by Zak Failla