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Article: Flamboyant trader accused of fraud
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- June 24, 2002
- Author:
CopyrightCopyright 2002 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Flamboyant trader accused of fraud
Short seller allegedly stole secrets from federal databases to
reap profits in stocks
By E. SCOTT RECKARD Los Angeles Times
Monday, June 24, 2002
Showing off a Ferrari and an in-your-face attitude, Amr I.
"Anthony" Elgindy peered out of America's TV sets in May 1997 to warn
that small investors "haven't got a prayer" against mobsters and con
artists he said were using bribes and beatings to force Wall Street
brokers to promote worthless stocks to their clients.
"That's not going to happen to me," the Cairo, Egypt-born
stockbroker with the wrestler's build told Brian Ross of ABC's "20/
20." Saying a bullet inscribed with his name had arrived in the mail, ...