Page 2 THE EVERETT ADVOCATE – FRiDAy, ApRil 21, 2023 ANGELO’S FULL SERVICE 1978-2023 Celebrating 45 Years in Business! Regular Unleaded $3.299 Mid Unleaded $3.739 Super $3.949 Diesel Fuel $3.959 Heating Oil at the Pump $4.759 $3.389 DEF HEATING OI 24-Hour Burner Service Call for Current Price! (125—gallon minimum) DEF Available by Pump! Open an account and order online at: www.angelosoil.com (781) 231-3500 (781) 231-3003 367 LINCOLN AVE • SAUGUS Sun. 9AM-5PM O Project Bread’s 55th Walk for Hunger is back in-person – Sunday, May 7 Registration is open for the annual one-day community event to combat hunger ne of Massachusetts’ most iconic events is back! Project Bread’s The Walk for Hunger, the Commonwealth’s largest and oldest day of community action against hunger, is seeking walkers for a new three-mile route. Back in-person for the fi rst time since 2019, the one-day fundraising event is set for Sunday, May 7 at the Boston Common, featuring plenty of family-friendly activations along the three-mile loop. The Walk for Hunger is a fundraiser that supports Project Bread’s work to raise awareness for food insecurity and increase food access for people of all ages in Massachusetts. In its 55th year, Project Bread invites you to help us raise more Project Bread’s The Walk for Hunger than $1 million to support food assistance resources and sustainable policy solutions to end hunger. Likeminded anti-hunger organizations can enroll in our co-fundraising program, The Commonwealth, forming teams to raise money to support their own work while also furthering the statewide effort. To register for the event and create a personal or team fundraising page for the Walk for Hunger or to make a donation, visit projectbread.org/walk or call 617-723-5000. Everett man pleads guilty to securities fraud Advocate Staff Report A n Everett man pleaded guilty on April 12, 2023, Advocate Online: www.advocatenews.net to exerting secret control over a Massachusetts-based company, Cannabiz Mobile, Inc., as part of a “pumpand-dump” securities fraud scheme. Christopher R. Esposito, 56, pleaded guilty to one count of securities fraud before U.S. District Court Judge Patti B. Saris, who scheduled sentencing for July 26, 2023. Esposito was charged in August 2022. Esposito and a co-conspirator, Anthony Jay Pignatello, worked together between 2012 and 2015 to conceal their control over Cannabiz Mobile, Inc. and to use backdated promissory notes to fraudulently obtain free-trading shares in the company. Among other steps taken to conceal their control, Esposito caused another individual to be installed as the company’s chairman, president and CEO. In reality, the executive reported to Esposito. Esposito and Pignatello then arranged for a promotional campaign in October 2014 to artifi cially infl ate the value and trading volume of Cannabiz Mobile’s stock so that they could secretly sell their shares. In total, between September 2014 and February 2015, Esposito personally sold over 1.3 million shares fraudulently obtained as part of the scheme. Pignatello separately pleaded guilty in March 2021 to conspiracy to commit securities fraud for his role in the scheme. He is scheduled to be sentenced on Sept. 12, 2023, before U.S. District Court Judge George A. O’Toole Jr. The charging statute for securities fraud provides a sentence of up to 20 years in prison, three years of supervised release and a fine of $5 million. The charging statute for conspiracy to commit securities fraud provides for a sentence of up to five years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss from the offense. Sentences are imposed by a federal district court judge based on the U.S. Sentencing Guidelines and statutes that govern the determination of a sentence in a criminal case. U.S. Attorney Rachael S. Rollins and the Special Agent in Charge of the FBI’s Boston Division, Joseph R. Bonavolonta, made the announcement. Assistant U.S. Attorney James R. Drabick of Rollins’ Securities, Financial & Cyber Fraud Unit is prosecuting the case. Prices subject to change DIESEL TRUCK STOP FLEET
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