Sex Bets And Bikers
The raid on Starnet was big news in Vancouver, where the company had been heralded as an Internet success story. The company’s stock, which is publicly traded on the U.S. over-the-counter market, was a hot buy, soaring from 37.5 cents last November to $29 last July. At its peak, Starnet’s paper value neared $900 million. Now, with some of the company’s bank accounts frozen, the stock has plunged to the single digits....