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Clues to Cynk Penny-Stock Mystery Found in Brooklyn Case

The mystery behind Cynk Technology Corp., the penny stock whose 36,000 percent surge captivated Wall Street in July, just took a new twist.

U.S. prosecutors chasing an alleged $500 million money-laundering and penny-stock manipulation scheme brought charges this week in federal court in Brooklyn, New York, against a group of men who worked on the same floor of a Belize office building that Cynk listed as its address.