GovernmentAuctions

1995 Rolls Royce Silver Spur IIIEver wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at GovernmentAuctions.org. a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.

Wednesday, March 4, 2015

SEC Charges An Investment Relations Fraudster For Penny Stock Pump and Dump Scheme

The Securities and Exchange Commission (SEC) charged Gary S. Williky of Colleyville, Texas with perpetuating a penny stock "pump and dump" scheme on the stock of Imperial Petroleum, Inc. (IPMN), a public company based in Evansville, Ind. Imperial Petroleum is the focus of another SEC lawsuit as well. 

Between 2010 and 2012, the SEC alleges that Williky, working as an investor relations consultant, pumped up the volume of Imperial's stock price via wash trades. Wash trading is the buying and selling of stocks through different brokers. The effect is an artificial increase in volume. He is also accused of sending out mass emails marketing the merits of the stock while selling his own shares.

Not only did Williky not disclose the purchase of more than 5% of company stock over the course of the violation, but he sold his shares in the company after learning that Imperial was engaging in illegal acts as well.

To read the original press release click here.
GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.