Man Sells $2.8 Million Worth Of Google Stock - Didn't Own Any - Arrested

[matcom]

<snip>

The FBI has arrested a Dutch native in New York for allegedly selling $2.8 million in nonexistent shares of Google, the Internet search engine.

Shamoon Rafiq, who was arrested at his home March 5, is accused of fraud as part of the scheme to sell victims shares of "Series B Preferred Stock" in Google, prior to what he described as the company's impending initial public offering, according to authorities.

Google, based in Mountain View, has no such shares and isn't raising any capital, the complaint said.

Doug Morris, a public defender representing Rafiq, declined to comment.

http://sfgate.com/cgi-bin/article.cgi?f=/chronicle/a/2004/03/13/BUGIJ5JL7G1.DTL

[GOPisEvil]

1. Nice try Rafiq!

I wonder if he managed to take anyone for their hard earned dollars.