Free Republic

N.M. FBI Agents Face Extortion Charges 2 Agents Allegedly Provided Confidential Information On Companies Posted: 11:26 a.m. MDT May 22, 2002 Updated: 7:50 p.m. MDT May 22, 2002 ALBUQUERQUE, N.M. -- Two New Mexico FBI agents have been implicated in a nationwide securities fraud scheme. The charges are contained in a grand jury indictment handed down in New York, alleging New Mexico FBI agents fed confidential information to a convicted felon in exchange for cash. Special agent Lynn Wingate, 39, is assigned to the FBI's Albuquerque office. She's charged with racketeering, securities fraud and obstruction of justice. Jeffrey Royer,...

SAN DIEGO -- An Egyptian-born financial analyst charged in a nationwide stock swindle may have known about the Sept. 11 terrorist attacks and tried to profit from them, a federal prosecutor said Friday. Amr I. "Tony" Elgindy telephoned his broker on Sept. 10 and asked him to liquidate his children's $300,000 trust account, Assistant U.S. Attorney Ken Breen told a federal judge at Elgindy's detention hearing. "He made a comment predicting the market would drop to 3,000" at a time when the Dow Jones stock index was at 9,600, Breen said. "Perhaps Mr. Elgindy had pre-knowledge of the Sept....