fraudster who helped probe Google gets 70 months prison - News and Current Events | futures io social day trading
futures io futures trading

fraudster who helped probe Google gets 70 months prison
Updated: Views / Replies:323 / 0
Created: by kbit Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

fraudster who helped probe Google gets 70 months prison

  #1 (permalink)
Aurora, Il USA
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,895 since Nov 2010
Thanks: 3,310 given, 3,352 received

fraudster who helped probe Google gets 70 months prison

CAMBRIDGE, Massachusetts (Reuters) - A man who admitted online fraud and helped federal agents investigate search engine giant Google was sentenced in Rhode Island on Friday to more than five years in jail and ordered to pay $10 million.

David Whitaker, 36, pleaded guilty in 2008 to bilking small businesses and individuals out of millions of dollars through Mixitforme Inc., an online company formed in Rhode Island three years earlier and purporting to sell consumer electronics.

As part of an agreement with prosecutors, Whitaker assisted federal agents in an investigation into Google that led to a $500 million settlement by the company in August. The probe focused on advertisements for prescription drugs that were illegally imported into the United States from Canada.

"He played a significant role in that investigation," said Jim Martin, a spokesman for the U.S. Attorney's office in Rhode Island, without describing exactly how Whitaker was able to help prosecutors.
Whitaker was sentenced to 70 months in prison and ordered to pay victims more than $10 million, including $7.8 million to various businesses and $2.2 million to a credit card processing company, Martin said.
Whitaker, originally from Bristol, Tennessee, had been charged with wire fraud, conspiracy to commit wire fraud, money laundering and commercial bribery.

He was arrested in California in 2008 after being expelled from Mexico and was brought to Rhode Island, where he has been held at a detention facility.

Whitaker's attorney, George J. West, said the sentence was "appropriate, and it struck a balance," given his client's "sincere and diligent efforts to try to make amends" by participating in the Google investigation.
West said his client suffered from medical and mental health problems, and that the judge had ordered that he receive treatment. "He's struggled with these things," West said, without elaborating.

Online fraudster who helped probe Google gets 70 months prison - Yahoo! Finance

Reply With Quote


futures io > > > > fraudster who helped probe Google gets 70 months prison

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hedge-Fund Chief Rajaratnam Receives 11 Years in Prison Quick Summary News and Current Events 0 October 13th, 2011 11:40 AM
Get Ready for a 70% Marginal Tax Rate kbit News and Current Events 0 July 18th, 2011 08:05 PM
Feds to Launch Probe of Google . kbit Off-Topic 0 June 23rd, 2011 10:25 PM
The Rule of 70 worldwary Trading Journals 56 March 31st, 2011 02:54 PM
From Prison, Madoff Says Banks ‘Had to Know’ of Fraud Quick Summary News and Current Events 2 February 16th, 2011 06:23 AM

news, search, united states

All times are GMT -4. The time now is 04:53 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-06-18 in 0.18 seconds with 14 queries on phoenix