Wyly , no so much

Discussion in 'Wall St. News' started by stock777, Jul 29, 2010.

  1. The Securities and Exchange Commission on Thursday filed charges against two brothers, accusing them of reaping more than $550 million in undisclosed gains by trading stock in four companies through hidden entities in foreign jurisdictions.

    The SEC said Samuel Wyly and Charles Wyly Jr. of Dallas set up a system of trusts and subsidiary companies in the Isle of Man and ...