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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 14712 / November 6, 1995

Securities and Exchange Commission v. Wealth International
Network, et al. (United States District Court for the Northern
District of Georgia, Civil Action No. 1: 95-CV-1722-CAM)

     The Commission announced today that United States District
Court Judge Charles A. Moye, Jr. entered a Final Judgment of
Permanent Injunction and Other Equitable Relief against
defendants Wealth International Network ("WIN"), Discovery
Financial Investments ("DFI"), Andr  Brady ("Brady"), Sterling
Consortium Holdings, Inc. and Brady International, Inc.
(collectively, the "WIN defendants").  The final judgment orders
the WIN defendants to disgorge $13,535,800.39 together with
prejudgment interest. 

     The Commission filed this lawsuit on July 5, 1995, alleging
that WIN was a "pyramid" or "Ponzi" scheme and that WIN, DFI and
Brady attracted investments in DFI with false claims that such
investments earned from 8 to 20 percent per month, with minimal
risk of loss of principal.  DFI claimed to be  investing in
"triple AAA rated" securities backed by gold bullion, gold and
numismatic coins and foreign currencies.  On July 5, 1995, the
Court granted the Commission's motion for a temporary restraining
order, including an order freezing the WIN defendants' assets. 
After a hearing, the WIN defendants consented to a continuation
of the temporary restraining order, including the freeze of their
assets, until the completion of the trial.

     The amount to be disgorged represents money obtained by DFI
from investors in connection with its allegedly fraudulent
investment pool.  Judge Moye today also entered an order
appointing a distribution agent to collect funds and to return
them to investors.  Pursuant to the final judgment, all monies
held in the WIN defendants' bank accounts will be transferred to
a disgorgement fund in partial satisfaction of the final
judgment.

     The final judgment also permanently enjoins WIN, DFI and
Brady from future violations of Sections 5(a) and (c), and 17(a)
of the Securities Act of 1933, Section 10(b) of the Securities
Exchange Act of 1934 and Rule 10b-5 thereunder, Sections 203 and
206(2) and (4) of the Investment Advisors Act of 1940, and
enjoins DFI from future violations of Section 7(a) of the
Investment Company Act of 1940.  The WIN defendants consented to
the entry of the final judgment without admitting or denying the
allegations in the Commission's Complaint.  The Commission's
claims against relief defendants MPAK Security, Inc.,
Commonwealth Capital L.C., Sea Financial Services Corp., Michael
G. Fraina, Jr. and Reuben A. Spivey, all of whom received
investors' monies from DFI, remain pending. 

     On September 28, 1995, a federal grand jury located in Fort
Myers, Florida indicted defendant Brady for money laundering in
connection with a securities fraud separate from the Commission's
lawsuit.  Subsequently, Brady was arrested on those charges and
ordered by a Federal Magistrate to be held without bond as a risk
of flight and danger to the community pending a criminal trial.  

(See Lit. Rel. No. 14552, July 6, 1995 and Lit. Rel. No. 14560,
July 14, 1995).