According to my RSS newsfeeds, nothing
whatsoever happened today.
We've been saying that CLE seminars are
worth more than they cost. Here are a pair who took “How to steal
and Identity” and made big bucks! (but waited too long to leave
town)
"Two lawyers in Houston were
able to exploit business filing systems to seize control of dormant
publicly traded corporations — and then profit by pushing their
worthless stock. In many states, anyone can change important
information about a publicly registered company — including the
corporate officers or company contact information — without any
confirmation that they have anything to do with the company in the
first place. Massachusetts requires a password to do this through
the state registry's website, but they'll give you the password if
you call and ask for it. Long focused on individual ID theft, state
governments are finally beginning to realize that corporate
ID theft is a huge problem as well."
[From the article:
In all, the scheme raked in close to
$100 million through bogus stock sales of 54 separate firms to
gullible investors, mostly in the UK, before regulators and law
enforcement got wise to it.
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