Convicted conman Barry Minkow became an FBI informant in fraud cases after a stint in prison but has now pleaded guilty in Miami to new fraud charges involving homebuilder Lennar Corp.
Minkow pleaded guilty Wednesday to a single securities fraud conspiracy count. Prosecutors say he released false information about Lennar on the Internet and through emails and regular mail. That caused Lennar's stock price to plummet 20 percent and was an attempt to force the company to pay off a San Diego developer.
http://news.yahoo.com/s/ap/20110330/ap_on_re_us/us_ex_conman_minkow_charges