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Two Convicted for Participating in a $95 Million International Market Manipulation Scheme (Federal Bureau of ...

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(Source: Federal Bureau of Investigation - New York Field Office) BROOKLYN, NY-Late yesterday, defendants Gary Kershner, an Arizona business owner, and Songkram Roy Sahachaisere, a California stock promoter, were convicted by a federal jury in Brooklyn on all counts for their role in a $95 million international market manipulation scheme. The jury's verdict followed a five week trial before United States District Judge Eric N. Vitaliano. The defendants were convicted of conspiracy to commit securities fraud, conspiracy to commit wire fraud, two counts of securities fraud, four counts of wire fraud, and two counts of making false statements to federal agents. Kershner and...

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