Three Defendants Sentenced For Conspiracy To Commit Securities And Email Fraud

usdoj.gov, May 07, 2007

A Sarasota, Fla., man has been sentenced to five years in prison and two years of supervised release for conspiring to commit both securities fraud and email fraud stemming from stock manipulation scheme involving four publicly-traded companies – Masslick Inc., eDollars Inc., Emerging Holdings Inc., and China Score Inc. – Assistant Attorney General Alice S. Fisher of the Criminal Division and U.S. Attorney Chuck Rosenberg for the Eastern District of Virginia announced today.

Stephen P. Luscko, 39, was sentenced today in federal court in Alexandria, Va. Luscko’s co-conspirators included Gregory Alphonse Neu, 30, of Boca Raton, Fla., and Brian George Brunette, 29, of Miramar, Fla., who were previously sentenced for their roles in the stock manipulation schemes. Neu was sentenced to five years in prison and three years supervised release; Brunette, who only participated in the stock manipulation scheme involving Massclick, was sentenced to one year and a day in prison and three years supervised release. The District Court will resolve outstanding restitution issues on June 8, 2007. The government has seized more than $3 million from bank accounts associated with the co-conspirators. Read more at usdoj.gov.