North Carolina Man Indicted in Scheme to Fraudulently Obtain Millions of Napster Shares
TL;DR Summary
North Carolina resident Charles Cole was indicted in the Southern District of New York on wire fraud, conspiracy to commit wire fraud, and conspiracy to commit securities fraud for allegedly obtaining at least 239 million Infinite Reality (Napster) shares through fake bank records, sham correspondence, and a counterfeit bank website, then using those shares to secure loans while never paying for them.
- North Carolina Man Charged With Scheme To Fraudently Obtain Hundreds Of Millions Of Shares Of Technology Company Department of Justice (.gov)
- 239M Napster Shares Stolen By NC Man And Atty, SEC Says Law360
- North Carolina Businessman Hit With US Stock Fraud Charges Bloomberg Law News
- Charles Cole Forged His Way Into 239M Napster Shares With a Fake Fortune hannahhowell.com
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