Penny stock scam apparently. Quote: Mr "Winickâs track record in business includes bankruptcy filings, a dizzying number of subsidiaries and companies that traded over-the-counter, and co-founding testosterone-laden cable channel Fight Network, which features boxing and mixed martial arts," according to the Toronto Star newspaper. http://www.bangkokpost.com/news/crimes/365393/canadian-penny-stock-scam-expat-arrested