2013-03-12 — nytimes.com
``According to the F.B.I., Mr. Homm earned commissions as a result of trades between a broker in which he owned a stake and the hedge fund. The trades inflated the prices of penny stocks and made Absolute Capital Management look more valuable than it was, the F.B.I. said in a statement, in a practice known as "portfolio pumping." Mr. Homm and people he worked with are accused of earning $53 million through the scheme. ''
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