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Jonathan D Sterns

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BUSINESS
November 26, 1990 | From United Press International
Two Plead Guilty in Diet Scam: Two men pleaded guilty in federal court to conspiring to sell unregistered securities in a multimillion-dollar scheme in which companies invested millions of dollars in a bogus "transdermal appetite suppressant" resembling seasickness patches worn behind the ear. Jonathan D. Sterns and Mark A. Sterns admitted their complicity in the scam allegedly masterminded by their uncle, Orange County businessman David D. Sterns.
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BUSINESS
November 26, 1990 | From United Press International
Two Plead Guilty in Diet Scam: Two men pleaded guilty in federal court to conspiring to sell unregistered securities in a multimillion-dollar scheme in which companies invested millions of dollars in a bogus "transdermal appetite suppressant" resembling seasickness patches worn behind the ear. Jonathan D. Sterns and Mark A. Sterns admitted their complicity in the scam allegedly masterminded by their uncle, Orange County businessman David D. Sterns.
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BUSINESS
November 20, 1990
Two former Orange County residents pleaded guilty Monday to mail and securities fraud charges in connection with a scheme to raise millions of dollars for a phony diet patch that was supposed to suppress hunger. Jonathan D. Sterns and Mark A. Sterns are scheduled to be sentenced June 17. Assistant U.S. Atty. Paul Seave said in U.S.
BUSINESS
February 5, 1988 | Leslie Berkman, Times Staff Writer
Gentre Laboratories, a Laguna Hills company that plans to buy research and manufacturing firms in the medical field, says it has accomplished its first acquisition: Somas Medical Industries, a small Santa Ana maker of diagnostic reagents and controls. The transaction, valued at $3.5 million, involved the payment of 2.7 million shares of Gentre stock and an undisclosed amount of cash. Gentre President Jonathan D.
BUSINESS
June 15, 1991 | GREGORY CROUCH, TIMES STAFF WRITER
The Securities and Exchange Commission said Friday that it has settled stock fraud charges against nine associates of former Orange County penny stock king David D. Sterns, accused of looting about $10 million from thousands of investors nationwide. The SEC sued Sterns and 13 others in March for their alleged involvement in a massive penny stock fraud through a network of Laguna Hills companies, known collectively as the Ultimate Business Network.
BUSINESS
June 15, 1991 | GREGORY CROUCH, TIMES STAFF WRITER
The Securities and Exchange Commission said Friday that it has settled stock fraud charges against nine associates of former Orange County penny stock king David D. Sterns, accused of looting thousands of investors nationwide of about $10 million. The SEC sued Sterns and 13 others in March for their alleged involvement in a massive penny stock fraud through a network of Laguna Hills companies, known collectively as the Ultimate Business Network.
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