SEC Charges Lance Berger In Connection With FUEG

According to the SEC, in December 2012, Lance T. Berger, a stock promoter for several penny stock companies, including FUEG, along with another stock promoter who was a business associate of Berger’s, began discussions with the cooperating witness regarding possible fraudulent stock transactions involving several issuers, including FUEG.

FUEG is a Florida corporation with principal offices located in Valley Stream, New York. FUEG purported to be in the business of operating an internet gaming website that charged a monthly membership fee. FUEG’s stock was quoted on the OTC Link operated by OTC Markets Group, Inc. and the OTC Bulletin Board under the symbol “FUEG.”

SEC Charges Caroline Winsor,Richard Walchuk, Lance Bauerlein and Lisa Esposito

The SEC has charged Caroline Winsor, a Canadian stock promoter, Richard W. Walchuk, the president and Chief Executive Officer of Viosolar Inc. and Lisa A. Esposito, a former registered representative, in connection with the manipulation of the common stock of two penny stock issuers, Violsolar and FACT Corporation.

According to the SEC, Lance W. Bauerlein aided and abetted the manipulation of FACT corporation’s common shares.

Violsolar is purportedly an alternative energy company in the business of constructing solar parks in Greece and other south and southeastern European Union countries.  Viosolar’s common stock is quoted on the OTCBB and OTC Link under the symbol VIOSF.