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by Mike Caswell

Rhode Island stock promoter Ahmed Alomari, also known as "GMoney," has asked a judge to throw out charges that he faces from the U.S. Securities and Exchange Commission for a scheme to boost five companies, including TAAT Global Alternatives Inc. of Vancouver. He says that he did nothing to hide his promotional activity, which included touting TAAT as "one of our ALL TIME GREAT Alerts." He said that his touting amounted to vague or loosely optimistic statements that did not violate any rules.

The request from Mr. Alomari, 39, comes in response to charges that the SEC brought against him two months ago. The regulator claimed that Mr. Alomari ran a touting business in which he described himself as a self-made millionaire who had millions of followers on celebrity gossip websites and social media websites. He touted stocks on Twitter, Facebook and Instagram, among others, while failing to mention his compensation, the SEC said. According to the regulator, Mr. Alomari brought in hundreds of thousands of dollars in consulting fees and sold $1.4-million worth of shares during the scheme. (All figures are in U.S. dollars.)

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