Wow, just when you think you know someone. Something happens to open your eyes!! Tsk, tsk, tsk. AJ Discala (real name Araxas Discala) who was previously married to Jaime Lynn Siglar who portrayed Meadow Soprano on HBO tv series the Sopranos was arrested and charged with security fraud, wire fraud, and conspiracy in a $300 Million dollar stock manipulation scheme. He defrauded elderly retirees and others in this scheme. The way it worked is that AJ and his cohorts were accused of using "pump-and-dump" and other illegal tactics to artificially control prices and trade volumes in four companies from October 2012 to July 2014.The four companies are CodeSmart Holdings Inc, Cubed Inc, StarStream Entertainment Inc and Staffing Group Ltd. The other defendants areOmniView President Marc Wexler, 52; CodeSmart CEO Ira Shapiro, 53; brokers Matthew Bell, 47, and Craig Josephberg, 41; Kyleen Cane, 59, a Las Vegas lawyer; and Victor Azrak, 32, vice president of Excel Corp. Just like Apollo Nida, these defendants targeted retirees and the elderly. That is just the lowest of the low. Luckily for the retirees, the SEC shut down the scheme so that only $50 million for CodeSmart was actually lost to the investors.Text messages and phone calls were often used to manipulate prices, authorities said.
For example, Discala allegedly messaged Bell on May 13, 2014 about StarStream, whose ticker is SSET and was trading at 35 cents per share: "We got good stuff going. Sset. Should be over a buck today." The stock price tripled that day to $1.05.
CodeSmart in March said former New York Governor David Paterson joined its advisory board. Neither Paterson nor Sigler, who was married to Discala from 2003 to 2006, was accused of wrongdoing. That's good for them. I bet Jaime is wondering who the bleep did I marry! LOL And Thank GOD! I am now divorced from him!!! hahahaha
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