S.E.C. v. INTERNATIONAL LOAN NETWORK, INC.

No. 91-5306.

968 F.2d 1304 (1992)

SECURITIES AND EXCHANGE COMMISSION, Appellee, v. INTERNATIONAL LOAN NETWORK, INC., et al., Appellants.

United States Court of Appeals, District of Columbia Circuit.

Decided July 10, 1992.


Attorney(s) appearing for the Case

Bruce Fein, for appellants.

Lucinda O. McConathy, Asst. Gen. Counsel, S.E.C., with whom James R. Doty, Gen. Counsel, Jacob H. Stillman, Associate Gen. Counsel, Randall W. Quinn, Special Counsel, and Paul Gonson, Sol., were on the brief, for appellee.

Before RUTH BADER GINSBURG, HENDERSON and RANDOLPH, Circuit Judges.


Opinion for the court filed by Circuit Judge KAREN LeCRAFT HENDERSON.

KAREN LeCRAFT HENDERSON, Circuit Judge:

[T]he movement of money creates wealth. What we believe is that if you organize people and get money moving, it can actually create wealth. — Melvin J. Ford1 Money is always there but the pockets change. — Gertrude Stein2

Appellants Melvin...

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