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Orange County Man Pleads Guilty to Inflated-Stock Crime

Posted by Courtney Pilchman | Feb 05, 2012 | 0 Comments

Gregory Harry pleaded guilty to one count of securities fraud in federal court and faces up to 20 years and $5 million fine. According to the agreement, Harry, a partner at Global Group Inc., with offices in Orange County allegedly created a false newsletter about a fake company in the oil business with huge profits. Harry and his partners new the company was a shell and worth less than $130,000.

In the plea, Harry admitted to selling shares of stock in the shell company making millions of dollars. According to earlier reports, the sale netted over $ 6 million.

About the Author

Courtney Pilchman

Courtney Pilchman was a Deputy District Attorney for over six years prior to becoming a criminal defense attorney. She was a member of some of the most elite prosecution units including crimes against children, family violence, and sexual assault. She prosecuted very high profile cases and had a ...


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