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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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		<item>
		<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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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sub-prime fallout: FBI probing 14 companies for possible accounting fraud and insider trading</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/01/sub-prime-fallout-fbi-probing-14-companies-for-possible-accounting-fraud-and-insider-trading/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/01/sub-prime-fallout-fbi-probing-14-companies-for-possible-accounting-fraud-and-insider-trading/#comments</comments>
		<pubDate>Wed, 30 Jan 2008 13:55:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Subprime mortgages]]></category>
		<category><![CDATA[FBI]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/01/sub-prime-fallout-fbi-probing-14-companies-for-possible-accounting-fraud-and-insider-trading/</guid>
		<description><![CDATA[

The sub-prime meltdown has attracted the attention of the FBI &#8212; they&#8217;re investigating 14 firms for possible accounting fraud and insider trading&#8230;..

Bill Carter, an FBI spokesman, said the
agency had been working “very closely” with the SEC, with some of the latest
investigations moving “in parallel”. He declined to name the companies
involved.
The number of mortgage fraud cases [...]]]></description>
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		<slash:comments>0</slash:comments>
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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>

		<guid isPermaLink="false">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/</guid>
		<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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		<slash:comments>3</slash:comments>
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