Here's something you might be interested in.
Ask a Hipster — Advice you didn't know you needed
Big Screen — Movie commentary
Blurt — Music's inside track
Booze News — San Diego spirits
Classical Music — Immortal beauty
Classifieds — Free and easy
Cover Stories — Front-page features
Drinks All Around — Bartenders' drink recipes
Excerpts — Literary and spiritual excerpts
Feast! — Food & drink reviews
Feature Stories — Local news & stories
Fishing Report — What’s getting hooked from ship and shore
From the Archives — Spotlight on the past
Golden Dreams — Talk of the town
The Gonzo Report — Making the musical scene, or at least reporting from it
Letters — Our inbox
Movies@Home — Local movie buffs share favorites
Movie Reviews — Our critics' picks and pans
Musician Interviews — Up close with local artists
Neighborhood News from Stringers — Hyperlocal news
News Ticker — News & politics
Obermeyer — San Diego politics illustrated
Outdoors — Weekly changes in flora and fauna
Overheard in San Diego — Eavesdropping illustrated
Poetry — The old and the new
Reader Travel — Travel section built by travelers
Reading — The hunt for intellectuals
Roam-O-Rama — SoCal's best hiking/biking trails
San Diego Beer — Inside San Diego suds
SD on the QT — Almost factual news
Sheep and Goats — Places of worship
Special Issues — The best of
Street Style — San Diego streets have style
Surf Diego — Real stories from those braving the waves
Theater — On stage in San Diego this week
Tin Fork — Silver spoon alternative
Under the Radar — Matt Potter's undercover work
Unforgettable — Long-ago San Diego
Unreal Estate — San Diego's priciest pads
Your Week — Daily event picks
Surprise! James Y. Lee banned from securities industry
He doesn't show up for hearing; he's in prison.
On May 22, the Securities and Exchange Commission banned James Y. Lee, formerly of La Jolla, from the securities industry.
Lee didn't show up for the hearing. One reason: he is in Taft Correctional Institution for criminal misdeeds. He has quite a record. In 1997, he was convicted of wire fraud and pension embezzlement and was sentenced to thirty months in custody. He was ordered to pay $2.88 million in restitution and failed to pay "the vast majority" of it, according to the agency.
In 2007, he set up a shell corporation and peddled stocks to victims. He falsely told them he was a certified public accountant, had a master's degree in business administration, and held a juris doctorate. The next year, he was ordered to cease and desist selling penny stocks. He was trading some of them without authorization.
In 2014, the securities agency charged Lee with defrauding clients. Among other things, he falsified clients' returns so he could collect undeserved management fees.
For these and other sins, the commission said Monday, "an industry bar against Lee is in the public interest." Hmm. Anybody argue with that?
Here's something you might be interested in.
Surprise! James Y. Lee banned from securities industry
He doesn't show up for hearing; he's in prison.
Surprise! James Y. Lee banned from securities industry
He doesn't show up for hearing; he's in prison.
On May 22, the Securities and Exchange Commission banned James Y. Lee, formerly of La Jolla, from the securities industry.
Lee didn't show up for the hearing. One reason: he is in Taft Correctional Institution for criminal misdeeds. He has quite a record. In 1997, he was convicted of wire fraud and pension embezzlement and was sentenced to thirty months in custody. He was ordered to pay $2.88 million in restitution and failed to pay "the vast majority" of it, according to the agency.
In 2007, he set up a shell corporation and peddled stocks to victims. He falsely told them he was a certified public accountant, had a master's degree in business administration, and held a juris doctorate. The next year, he was ordered to cease and desist selling penny stocks. He was trading some of them without authorization.
In 2014, the securities agency charged Lee with defrauding clients. Among other things, he falsified clients' returns so he could collect undeserved management fees.
For these and other sins, the commission said Monday, "an industry bar against Lee is in the public interest." Hmm. Anybody argue with that?
Comments