Anthonie R. Sparrow Sentenced in $16 million Scheme

On February 25, 2014, the FBI announced that Anthonie R. Sparrow pled guilty for his role in perpetrating a $16 million securities fraud scheme that victimized hundreds of investors around the world. Sparrow was charged in December 2009 and extradited from Spain.

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.