Interoil: Anatomy of a Stock Manipulation Scheme - trackseekingalpha

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Interoil: Anatomy of a Stock Manipulation Scheme
Jul 15, 2009 09:18 AM UTC

trackseekingalpha

Return	Risk
-13.40%	HIGH

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Symbol	Sentiment	Start	Return	Closed
IOC	n/a

Via Short Stock Ideas from Seeking Alpha:

The Scheme

In this blog post, I will provide evidence of what I believe is a stock market manipulation scheme involving InterOil (IOC), John Thomas Financial, and Clarion Finanz AG. I believe that InterOil with the assistance of Clarion Finanz concealed John Thomas Financial’s involvement in helping it raise $95 million through a private placement of convertible debt securities.

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