Party public offering

[Punker]

Given what happened to Jay Cohen, is it legal for US citizens to buy shares in the party public offering?

[arod4276]

are you serious? What happened to jay cohen and what you are comparing is like night and day? PLEASE help me understand where u see a similarity? arod4276

[Punker]

Owning a piece of a site designed for online gambling.

Thats the similarity I see. If you think it's not valid, just explain why, I'm not saying that I think it is illegal, just want to be sure.

[Nightwish]

[ QUOTE ]
Owning a piece of a site designed for online gambling.


[/ QUOTE ]
That's not what Jay Cohen was nabbed for. They got him for running the site's day-to-day operations from the US. Big difference.

[arod4276]

jay cohen was charged with violating the wire act of 19... not sure exactly what year... Not sure how owning stock of a company that may or may not be legal...ie gray area ,,is the same is violating usa law in regards to taking bets illegally.. or so they said illegally..

[arod4276]

Nightwish that is for 1000 percent certain not was he was charged and convicted of...he choose on his own behalf to come back to the states and fight the charges..arod4276

[Punker]

I think he was living in Antigua, and willingly came back to the USA, knowing he would be arrested and tried if he did, because he was willing to fight the charges, and he lost.

[r2b2]

Huh?

[John White]

This is what happened to Jay Cohen.

[ebranig]

not sure if this: http://news.independent.co.uk/busine...p?story=643677
has been posted but it's a big one.