SAN FRANCISCO -- Bali, Indonesia
October 15, 2013
The News Shark reports: Enable IPC directors and officers accused of mail fraud, racketeering and embezzelment
The News Shark announced today that the securities fraud investigation at Enable IPC Corp, (OTC: EIPC) and Solrayo, has been expanded to include the law firm of Marcin Lambirth, a los angeles, california based securities and litigation firm.
These charges are pending against lawyer Timothy Lambirth for his role in the theft and subsequent cover up of interstate mail fraud, of $150,000 from a florida investment group.
The investigation is currently being conducted by the State of Wisconsin, Department of Financial Institutions and includes officers and directors of two companies, Enable IPC Corp. which trades publicly under symbol (OTC: EIPC) and Solrayo, Inc., a Wisconsin based company affiliated with the University Wisconsin, Madison by and through its directors Mark Daughtery, Kevin Leonard, and Marc Anderson, who runs the Chemicals lab at UW
The allegations stem from a bait and switch interstate mail fraud conducted by David Walker, Timothy Lambirth and Marc Anderson, whose combined efforts has defrauded a florida based investment group of $150,000
David Walker, President of Enable IPC Corp., personally stole $50,000 from the investors account, after they demanded return of the initial $100,000 and have made no effort towards restitution.
The FBI, SEC and State of Wisconsin are looking in to the matter as the monies were invested in a technology, which was a fraud and deice to commit this crime.
Any investors who have been defrauded by David Walker, and Timothy Lambirth are encouraged to come forward.
Marcin Lambirth benefitted directly from the crime, as did the personal fortunes of David Walker.
We expect indictments and arrests, stated Steven Oshinsky, The News Shark
Marcin Lambirth is on the internet at www.marcin.com
David Walker is on the internet at www.enableipc.com
Marc Anderson is on the internet at www.marc-tech.com
The News Shark is on the internet at wwww.Thenewsshark.com
The Stock Market news shark has made recommendations on Ford (NYSE: F) at $11.00 and a sell recommendation at $16 - $18. whihc has been reached and is currently short the S&P 500 at 168.50 (NYSE: SPY)
We recommend holding the short but to cover if new highs are sustained into the budget talks.
Contact: The News Shark
Steven Oshinsky, Editor
www.thenewsshark.com
email:
TheNewsShark@gmail.com