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A $300 Million Layover: CYNK Mastermind Arrested After Phoenix Diversion
Submitted by Daniel Drew via Dark-Bid.com,
In what is probably the most expensive layover in history, Gregg Mulholland's international flight from Canada to Mexico turned tragic for him when his plane made a stop at Phoenix Sky Harbor International Airport on Tuesday. In an arrest that sounds like a scene straight out of Catch Me If You Can, the FBI finally closed the book on a story that began last July.
Mulholland took a page from The Wolf of Wall Street playbook when he turned CYNK Technologies into a $5 billion company. Mulholland made $300 million in illicit profits.
Let's review the company's fundamentals: no assets, no income, one employee. In fact, Mulholland makes Jordan Belfort look like an amateur. Traders who tried to short sell CYNK got steamrolled and lost their jobs when they got squeezed in relentless rallies. Now, Mulholland is the one getting squeezed by FBI agents in Sky Harbor.
The FBI reports,
To facilitate these interrelated schemes, the complaint charges that the Mulholland Group used shell companies in Belize and Nevis, West Indies, which had nominees at the helm. This structure was designed to conceal the Mulholland Group's ownership interest in the stock of U.S. public companies, in violation of U.S. securities laws, and enabled the Mulholland Group to engage in numerous "pump and dump" schemes. This structure enabled the Mulholland Group to manipulate the stock of Cynk Technology Corp, which traded on the U.S. OTC markets under the ticker symbol CYNK. Using aliases such as "Stamps" and "Charlie Wolf," Mulholland was intercepted on a court-authorized wiretap in May 15, 2014, admitting to his ownership of "all the free trading" or unrestricted shares of CYNK.
Today's Lesson: If you ever find yourself with $300 million in illegal gains, don't fly commercial.
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Dumb Ass!
Hey look Virgan Airlines is having a seat sale! 550 return!
He'll be bailed by Friday.
And then start a Hedge Fund, like Corzine....
I wonder if that "Diversion" was for legitimate reasons or whether the FBI arranged it with the cooperation of the Canadian Authorities? Which Airline was it?
don't know why he would think he was safe in mexico either. This ain't the old west, partner. Pretty sure the mexican govt will extradite your ass as soon as big brother to the north orders you to do so.
Unless you are a Marine who takes a wrong turn over the border?
That Marine was sloppy .... doesn't excuse Mexico's stupid handling of the problem .... wasn't a good moment for any of the players .... and Obomba was his usual .... smart nigger/dumb white guy !
do you REALLY think that if the us gov actually wanted him released, he wouldnt have been, quickly?
Plus, that guy was an american citizen who had broken mexican laws in mexico and was in a mexican jail. This guy is one who broke american laws and was attempting to go to mexico, who the american govt wanted to presecute(and of course sieze all his money). Two entirely different things. And the obama regime is not going to put any effort into getting a gun owning veteran released from mexico when he was in possesion of guns that, while not (yet)illegal, are still disliked by the govt
Missed it by That much..
Lesson?: "Competition is a Sin." ~ John D. Rockefeller
The criminals who manipulate the markets for billions every day and fuck the world over don't like competition from some asshole like this who's not in their mafia club.
So they will send their attack squad after you and make and example for the rest of the sheeple.
This guy is no Corzine...
"Today's Lesson: If you ever find yourself with $300 million in illegal gains, don't fly commercial."
Correction:
Today's Lesson: If you ever find yourself with $300 million in gains, illegal or otherwise, the secret security apparatchik organizations of the USSA will eventually GET you...
Illegally or otherwise.
Snowden would differ. Cockiness is what gets you. Criminals defeat themselves. Witness the two killers escaped from NY max prison.
If you whistle past the graveyard, you admit that the evil spirits are there and they are real. YMMV but not by much.
LOL yup reality is MOST countries will roll you up and send you back in chains at behest of USG.... like ROME 2.0
Re. Start a hedge fund. No he won't. He is not chosen.
If I'm not mistaken, the SEC fine for that is like $17,000. That'll learn him.
Next time fly to JFK where you can be granted "hero status of the USSA!"
Sorry Mulholland, you weren't part of the crowd that gets away with ripping off people, next time trying running for public office first
He forgot to deposit his earnings in the Bank Kleptocracy in London...
HFT computers can't fly first class
Forgot to bring his Jewish Privilege card.
The ticker symbol should have been PSYC.
Idiots. All of them.
wrong cufflinks bitchez
lol, Was he seated next to the real TWTR ceo?
too bad his name wasn't janet yellen. the fed loves the old pump and dump.
Mr. Moe Howard, buzz.
Does Janet Yellen fly? Why haven't they arrested her in a layover?
I would have jumped down into the cargo hold, kick open the landing gear door, wrapped a confederate do-rag flag around my head, and while the FBI was walking up the stairway to board the plane I would run/jump into one of their black SUV's and take off, steering with my knee put both fists out the window and salute with a double fuck you!
You're not exactly Project Mayhem material, but I've heard they're looking for people just like you for South Carolina State Senate seats. </sarc>
My guess is that he pays a "stiff fine" and walks...
I don't think so. He is not a member of the club. If he was going to be given a pass he never would have been arrested and perp-walked from the airport. They're going to burn him to the ground (jail time). It's a message: don't try this without authorization from the elites.
Is just to get you to look away from the real problems. His mistake is not contributing campaigns or as some call them the law makers. It would seem who is in Jail not the real crooks. and they only have at best a 10% approval rating but they play good side bad side and the public goes ...Go team it will be better next term.
And the law enforcement wants us to think the flash crash was done from a comuter in London by one guy.
Shit idiots with guns.
Yep, perp walk means publicity which also means you're going to get the book thrown at you (ie not in the club buddy)
Don't slap his wrist too hard.
" He didn't build that."
https://www.youtube.com/watch?v=pNZgSwZlXR8
And then there were some......
So wait just a second there steve... are you sayin all I have to do to make 300 mil is setup some b.s. shit in a few caribbean shitholes and trade stocks and then just not show up back to the USSA and all is merry ? someone post some more info on this and educate us servile bankster peasants.
Moral: Unlike Corzine, Mulholland didn't pay the proper vig to Zion.
Liberty is a demand. Tyranny is submission..
Yes, I put his name on the agenda the last time we met at my synagogue and that is why he is cuffed.
Is there an hour of your life that goes by without blaming and hating Jews? It is like minutes of hate breaks in Orwell. Or is he also not kosher? Did you know A.Rand was Jewish too? They got to her, panic now!
Pump and dump or dump and pump. Isn't that what the algos are doing every millisecond of every day? Wow so this guy's to blame for it all!!! Incredible. Now the system is fixed.
I should have gone to Hong Kong, after Moscow.
hehe.
Wait.... Are you referencing Sean Hannity, the guy who exposed 9/11 ?
No!
Edward Joseph Snowden!
This is the guy!
:-)
"Today's Lesson: If you ever find yourself with $300 million in illegal gains, don't fly commercial.
" Unless you're the CEO of vampire-squid-like bank, or your name rhymes with fluorzine.I guess the "Silk Road", doesn't have a 'Phoenix Hub' yet?
Bet he wished that he booked Yorkshire Airlines.
https://www.youtube.com/watch?v=6VLYpKGVBUg
I bust a gut....thanx for that.
So this guy made a fake company, based it on an island, listed it on the stock exchange, and tweeted about it. In the process he made $300,000,000?
Did I get that right?
Yup. And if you'd gotten the notion to short the bitch (due to all the BS being public info -- widely covered at ZH) you probably would have gotten blown up. Strange world.
He made about $7,000 a minute .... in his spare time .... on his home computer !
That was a good one Monetas.
Very smart man except for knowing how to move around. Instead of prosecuted he should be appointed head of the SEC.
Well in theory yes but they'd still need to take a look at the volume of porn he watches and the variety but yes him being smart could weigh in either direction for him attaining that position. Amputee, midget, and ladyboy porn watching habits would tip the scale much more to his favor on that job app and his ability to overlook crime or better yet if he had no way to distingush right from wrong he'd fit right in, well actually if he preferred wrong over right and watched the fetish porn stuff he'd be hired on the spot. So ya you are right on the money.
His only mistake was theft on such a small scale. SMH Even Corzine knew better than this guy. LOL
Think about it, how did the FBI know he was on THAT layover flight unless they was tracking his every movement.
Santa Claus has met his match:
He sees you when you're sleeping
He knows when you're awake
He knows if you've been bad or good
So be good for goodness sake
Big Brother, who ain't no Santa Claus
is now watching everyone 24/7
Put these people in charge of the investigation to find out how ISIS is funded.
Make money at the rigged game? They got you tracked.
Two convicted murderers? Can't seem to find them.
Because Phoenix SkyHarbor doesn't have an in-transit lounge, which means he had to pre-clear US Immigration at the Canadian airport first. At that point, his passport would have been flagged so the FBI had 3-4 hours to get to the Phoenix airport and arrest him. Anybody smart enough to scam $300MM should know better than to travel under their real name.
his only mistake was in NOT paying off the right people or "investing" in the republicrats' voting sham.
Compared to what Congress has stolen - 18 trillions of our children's future - this guy is a petty thief.
they got him, but where's the money? looks like a asset forfeiture deal in the making with any good crook lawyer getting him off with millions to keep.
Not so fast! Isn't the TEA PARTY busy correcting this situation by slashing budgets and defunding wars?
So when can we expect Kevin Henry to be arrested?
Muholland, Muholland, now where have I heard that name before?