Print
E-mail
Share
digg
Newsvine
Facebook
Stumble
Technorati
reddit
Fark
twitterMan fined for scam
Wednesday, Feb. 20, 2002 | 9:49 a.m.
Lawrence Shaw, founder and president of Internet Solutions For Business Inc., a company that is accused of perpetrating a fraudulent cyber-investment scheme targeting thousands of investors nationwide, was ordered by a federal judge to pay $110,000 in civil penalties.
The SEC obtained a default judgment against Shaw, who is listed at the Nevada Secretary of State's website as a resident of Coventry, United Kingdom, after he failed to respond to the SEC's complaint.
The company, which is headquartered in England and has a Las Vegas address at 2949 E. Desert Inn Road, was accused by the Securities and Exchange Commission in March of issuing false and misleading press releases about the company's business relationships with prominent international companies and of falsifying its stock value and stock price predictions.
archive
- Most Read
- Discussed
- Most E-mailed
- Corrections officer with Metro killed in U.S. 95 crash
- The pull of a drug, a push to the brink
- Was there an ulterior motive in parking the stripper-mobile?
- CityCenter hotel welcomes new employees with gala
- Harry Reid’s hopes hitched to health care reform bill
- Notebook: The Shark and LJ circle
- Reid clears major health care hurdle, daunting weeks ahead
- Forrest Griffin writes his own ending at UFC 106
- Politicians waste no time spinning latest jobless numbers
- Willis makes big difference in UNLV’s 78-69 victory
Blogs
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny’s correct prediction of Osmond vs. Osbourne
Politics: The Early Line
Sen. John Ensign affair to resurface on 'Nightline' (1 Comment)
The Greene Room
MWC Winners and Losers: Week 12 (1 Comment)
Culture and Entertainment
UFC 106 walk-in music: Griffin changes his tune, secures win over Ortiz
The Kats Report
For props, Lewis Black needs only his manic delivery and torrid material (9 Comments)
Elsewhere
Sands China raises $2.5 billion in Hong Kong IPO (2 Comments)
Marquardt v. Sonnen scheduled for UFC 109
- Live chat
- Tuesday, noon PST
- Chat with Krista Creelman
- Problem Gambling Center executive director Krista Creelman will answer questions about gambling addiction from Las Vegas Sun readers from noon to 1 p.m. Tuesday, Nov. ... Submit question
Calendar »
- 23 Mon
- 24 Tue
- 25 Wed
- 26 Thu
- 27 Fri
-
DJ Scooter at Prive
Prive | 10 p.m. to 11:59 p.m.
-
Fabolous's birthday at Jet
Jet | 10 p.m. to 11:59 p.m.
-
Mixology Monday at Downtown Cocktail Room
Downtown Cocktail Room | 8 p.m. to 11 p.m.
-
DJ Red at Tabu
Tabú Ultralounge | 10 p.m. to 11:59 p.m.
-
The Automatic Tour at The Square Apple
The Square Apple
The Sun
Locally owned and independent for more than 50 years.
