Justice Department's indictment of Semion Mogilevich

ARBAT, ARIGON, and MAGNEX RT;
(2) equipment sold by the original ARIGON shareholders,
including defendant MOGILEVICH, to MAGNEX RT was
overvalued and the records documenting the transactions
false; and
(3) YBM was doing business with companies that did not exist,
were shell companies, and were controlled by closely related
parties to the defendants.
G. DISSEMINATING FALSE AND MISLEADING INFORMATION TO THE
INVESTMENT COMMUNITY
38. The defendants MOGILEVICH, FISHERMAN, BOGATIN and TSOURA
created market demand for YBM stock and artificially inflated the price of such stock through the
dissemination of false and misleading information to the investment community. The false and
misleading information was disseminated by the defendants in various ways, including:
(a) the creation and issuance of annual and other periodic reports filed
with the securities regulators and available to the public to falsely tout the business
successes of YBM, including false representations about YBM's sales and profitability
contained in these reports;
(b) the issuance of press releases that contained false and misleading
information about the business activity and financial performance of the YBM Network of
companies; and
(c) making shareholder presentations, lobbying stockbrokers and
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