Justice Department's indictment of Semion Mogilevich
Justice Department's indictment of Semion Mogilevich
Justice Department's indictment of Semion Mogilevich
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15. Portions <strong>of</strong> the proceeds generated by the three <strong>of</strong>ferings <strong>of</strong><br />
PRATECS/YBM stock, as more particularly described in the Introduction to this Superseding<br />
Indictment, were utilized to further promote the scheme to defraud.<br />
16. Portions <strong>of</strong> the proceeds from the sale <strong>of</strong> artificially inflated YBM stock by<br />
the defendants and their nominees were misrepresented on the books and records <strong>of</strong> YBM as<br />
revenue from its commercial operations. Similarly, proceeds that were transferred to individual<br />
defendants and closely-related entities were concealed on the books and records <strong>of</strong> YBM as<br />
vendor payments or the repayment <strong>of</strong> loans.<br />
OVERT ACTS<br />
17. In furtherance <strong>of</strong> the conspiracy and in order to carry out the<br />
objectives <strong>of</strong> the conspiracy, on or about the dates listed below, the defendants and others known<br />
and unknown to the grand jury, committed and caused to be committed overt acts, which also<br />
constitute racketeering acts, including but not limited to the following, in the Eastern District <strong>of</strong><br />
Pennsylvania, and elsewhere:<br />
Wire Transmissions<br />
Overt<br />
Act Date Description<br />
1 1/11/93 Facsimile <strong>of</strong> correspondence from BOGATIN's residence,<br />
Richboro, PA (ph# 215-953-1080) to FISHERMAN in<br />
Budapest, Hungary, (ph# 011-36-1-183-1450) requesting<br />
$100,000 to start up company and commence operations.<br />
Overt<br />
Act Date Description<br />
2 2/24/93 Two wire transfers from ARIGON'S account at Royal<br />
42