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	<title>Wall Street Folly &#187; FBI</title>
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		<title>SEC charges Sky Capital CEO Ross Mandell and 5 others in multi million dollar boiler room scheme</title>
		<link>http://files.wallstreetfolly.com/wordpress/2009/07/sec-charges-sky-capital-ceo-ross-mandell-and-5-others-in-multi-million-dollar-boiler-room-scheme/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2009/07/sec-charges-sky-capital-ceo-ross-mandell-and-5-others-in-multi-million-dollar-boiler-room-scheme/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 14:55:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[FBI]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[WSF]]></category>
		<category><![CDATA[Boiler rooms]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Legal]]></category>
		<category><![CDATA[Ross Mandell]]></category>
		<category><![CDATA[Sky Capital]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/?p=8433</guid>
		<description><![CDATA[
Here&#8217;s the press release detailing the SEC boiler room charges against Sky Capital CEO Ross Mandell, COO Stephen Shea and four registered reps:

SEC Charges N.Y.-Based Broker-Dealer and Founder in Multi-Million Dollar Transatlantic Boiler Room Scheme
FOR IMMEDIATE RELEASE
2009-152
Washington, D.C., July 8, 2009 — The Securities and Exchange Commission today charged New York-based broker-dealer Sky Capital LLC [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>FBI takedown: Six people arrested in a 10 year $100 million fraud</title>
		<link>http://files.wallstreetfolly.com/wordpress/2009/07/fbi-takedown-six-people-arrested-in-a-10-year-100-million-fraud/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2009/07/fbi-takedown-six-people-arrested-in-a-10-year-100-million-fraud/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 14:22:32 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[FBI]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[WSF]]></category>
		<category><![CDATA[arrests]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Sky Capital]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/?p=8425</guid>
		<description><![CDATA[Two and a half years after the FBI paid Sky Capital&#8217;s offices a visit , six connected to the firm have been arrested in what Bloomberg describes as a 10 year $100 million fraud.  It&#8217;s not clear whether the first visit was related to the current charges.
Details so far are sketchy.  We wonder if the [...]]]></description>
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		<item>
		<title>New York Broker Sky Capital raided by FBI; CEO &#8220;was one of the bad boys of Wall Street&#8221;</title>
		<link>http://files.wallstreetfolly.com/wordpress/2006/11/new-york-broker-sky-capital-raided-by-fbi-ceo-was-one-of-the-bad-boys-of-wall-street/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2006/11/new-york-broker-sky-capital-raided-by-fbi-ceo-was-one-of-the-bad-boys-of-wall-street/#comments</comments>
		<pubDate>Wed, 08 Nov 2006 14:56:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[FBI]]></category>
		<category><![CDATA[Legal]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Lifestyle]]></category>
		<category><![CDATA[Ross Mandell]]></category>
		<category><![CDATA[Sky Capital]]></category>

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		<description><![CDATA[
New York broker Sky Capital, headed by Ross Mandell &#8212; an admitted former Wall Street bad boy &#8212; received a visit from the FBI on Monday, where they raided the firm and confiscated boxes of records.&#160; According to a Dow Jones Newswires article appearing in the New York Sun this morning, it&#8217;s not completely clear [...]]]></description>
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