TALK ABOUT POETIC JUSTICE...

Excerpt from above :
The penalty stems from a scheme in which Mr. Brown, 28, and others manipulated stocks with prearranged trades and posts on Investors Hub. The companies included in the investigation were Ontario-based pink sheets listing Playstar Corp. Mr. Brown pleaded guilty to the charges and, on May 18, 2011, received a sentence of four years in jail. The judge, in handing down the sentence, also entered a $4.78-million asset forfeiture order against Mr. Brown, which he has since argued was unfair.

In a motion filed on May 27, Mr. Brown said the forfeiture order amounted to a "financial death sentence." His understanding of his guilty plea was that he would only forfeit his personal gains from the scheme, which were $117,000. He did not know that he would be subject to a "monumental financial burden," he argued. Mr. Brown further contended that the government held him liable for profits made by those who were not even charged with anything. Those individuals netted $3-million from the scheme, he said.


You got to love his statement that it's UNFAIR that he should pay for screwing around with people's assets and retirement funds.

Let's keep our fingers crossed that everyone, including hedge funds, MMs, mutuals funds, etc. that manipulate the market wind up in jail.

NOW IF ONLY THE NAKED SHORTING MMs COULD BE BROUGHT TO JUSTICE. THAT WOULD BE SWEET.