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 Little Bastard Swindles Over 1 million in Internet Scam | | By: BizarreNews | Published: 01/13/2002 | | |  |
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A 17-year-old high school student has agreed to turn over approximately $900,000 he allegedly swindled from investors in a sports beating scheme he ran on the Internet. Securities and Exchange Commission alleged that Cole A. Bartiromo, who lives with his parents in Calif., raised more than $1million by selling so called guaranteed and risk-free investments in which he pooled investors´ funds to bet on sporting events. Stephen Cutler, enforcement director of the SEC said, This case demonstrates that just about anyone -- even a 17-year-old high school student can mastermind a securities fraud over the Internet. [You think?]
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Goofball Facts |
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The US Mint makes 13 billion pennies a year, half of which will disappear from circulation within 12 months. Each coin costs four-fifths of a cent to make.
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