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How Can I Fraudulently Inflate My Stock's Price and then Sell? See Page 143.

A fascinating article recently about financial shenanigans at Digital Lightwave and the connection to the Church of Scientology.

The article actually seems to pull some punches. Previous reports I've seen on Digital Lightwave documented massive insider selling by Scientologists in key company positions shortly before the January 1998 admission that an incredible 80% of sales in 3rd qtr 1997 were phony.

Presumably this detail, and some others we may never know, were left out at the suggestion of lawyers. What's left is still quite good.

  posted by Alex at 8:40 PM