Sunday, January 22, 2006

Condign Punishment?

Anil Bhoyrul and James Hipwell who wrote a fraudulent shares tipping column for the Daily Mirror will have to perform 180 hours of community service each.

Their modus operandi from my earlier post:

The duo wrote the famous column "City Slickers" which advised investors to put their money in selective stocks. Often these stocks were those the rascals had themselves invested in. The two would ultimately sell their holding and earn handsome profits.

Another scam, but this one, back home.

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