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Report: Russian Mafia Behind Stockbroker Killings
Friends of Ours ^ | 12/21/12 | Friends of Ours

Posted on 12/21/2012 6:36:57 AM PST by AtlasStalled

The FBI believes it has solved the 1999 murders of crooked stockbrokers Alan Chalem and Mayir Lehmann in Colts Neck, NJ as reported by John Marzulli for the Daily News. The victims supposedly were involved with "pump and dump" schemes operated out of "boiler rooms" which used high pressure sales tactics ("the pump") in order to sell worthless stocks ("the dump") to unsophisticated investors through cold calls, and Russian businessmen allegedly hired hit men to whack the pair rather than pay their $5 million cut of the illicit gains. No word on when arrests will be made.


TOPICS: Business/Economy; Weird Stuff
KEYWORDS:

1 posted on 12/21/2012 6:37:02 AM PST by AtlasStalled
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To: AtlasStalled

There’s a lot of sleaze in the financial industry.


2 posted on 12/21/2012 6:49:33 AM PST by Fido969
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To: Fido969

“The victims supposedly were involved with ‘pump and dump’ schemes operated out of ‘boiler rooms’ which used high pressure sales tactics (’the pump’) in order to sell worthless stocks (’the dump’) to unsophisticated investors through cold calls”

Should read:

“The victims supposedly were involved with ‘pump and dump’ schemes which used high pressure sales tactics (’the pump’) in order to sell worthless stocks (’the dump’) to unsophisticated investors through cold calls”


3 posted on 12/21/2012 6:56:58 AM PST by AtlasStalled
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To: AtlasStalled

You know, these guys were really useful. You’d think the Mafia would simply renegotiate the deal. “Da, if you want to go home in one piece tonight, you will take $300k instead of $5 mil. Understand?”


4 posted on 12/21/2012 7:16:26 AM PST by Gen.Blather
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To: AtlasStalled

Those who ‘love’ money come to regret that money doesn’t love them back in return. Own and use money rather than the other way around.


5 posted on 12/21/2012 7:20:01 AM PST by tflabo (Truth or Tyranny)
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