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Episode 28: The Mad Max of Wall Street

Case File

The Mad Max of Wall Street

  • The Mad Max of Wall Street
  • Anthony Elgindy claims to be a former fraudster gone straight. He once worked for a notorious boiler room doing pump and dump schemes. Now he's on a mission to fight fraud.
  • Crusader Against Crime
  • He's a crusading trader. Elgindy claims to expose over-hyped companies. He launches anthonypacific.com and shares his expertise with the online investing community.
  • Celebrity Status
  • Elgindy becomes an Internet celebrity. He's riding high. Traders love him. Companies fear him. His brash, caustic comments can send a stock tumbling down. Investors take notice.
  • Twist of Fate
  • A do-gooder turns bad. A rogue FBI agent becomes Elgindy's partner in crime. Together they begin an insider trading scam – an $1.5 million conspiracy!

Web Extras

  • The Mad Max of Wall Street Tuesday, 9 Mar 2010 | 7:49 AM ET
    Anthony Elgindy. He's young, self-assured... and loaded. He claims to be a crusader, fighting fraud on Wall Street. But, this so-called good guy is running an insider trading scam…and his partner is a crooked FBI agent. profiles "The Mad Max of Wall Street!"

    Anthony Elgindy claims to be a crusader, fighting fraud on Wall Street.  But, this so-called good guy is running an insider trading scam…and his partner is a crooked FBI agent.

  • The Mad Max of Wall Street     Friday, 5 Mar 2010 | 12:00 AM ET

    Anthony Elgindy claims to be a crusader, fighting fraud on Wall Street. But, this so-called good guy is running an insider trading scamâ?¦and his partner is a crooked FBI agent. American Greed profiles the story.

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