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Article: DOJ Issues Six Criminal Indictments In CMKX Case.
- Article from:
- Investrend
- Article date:
- September 18, 2009
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Sep 18, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/09/18/doj-issues-six-criminal-indictments-in-cmkx-case/)
September 18, 2009 (FinancialWire) (By Mark Faulk) -- Seven years after the saga of CMKM Diamonds, Inc. (CMKX) officially began, over four years after the company was revoked by the SEC, and a year-and-a-half after the SEC filed civil charges against eleven individuals and three corporate entities, the Department of Justice unsealed criminal indictments against six individuals in the largest penny stock fraud in history.
Former CMKX CEO Urban Casavant and alleged mastermind John Edwards, along ...