The New York Attorney General’s Office has announced that Attorney General Eliot Spitzer, also now Governor-elect of New York, is filing a lawsuit against Samaritan Asset Management Services Inc., Johnson Capital Management Inc., and the principals of both companies for allegedly participating in a fraudulent mutual fund market timing scheme. The principals are Edward T. Owens and Michael A. Johnson, respectively. According to the lawsuit, all parties knew they were being deceptive by “flying under the radar” so they could avoid the monitoring systems geared toward detecting market timing in regard to mutual funds. The lawsuit is looking to enjoin the defendants from engaging in such deceptive practices and wants there to be a restitution of money for their fraudulent actions.
约翰逊资本,撒玛利亚人及其校长被认为正在将其交易“背负”到退休计划的投资帐户中,这些计划是信托公司和国家银行业协会安全信托公司(STC)的客户,以及每笔交易金额的变化,因此mutual funds wouldn’t notice.
在2001年10月22日,由STC员工发送给Johnson Capital的电子邮件: