Here is a quote from that story:
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The only one who really knows is Mark Roy Anderson, 53, the majority shareholder of both of these publicly traded (Bulletin Board) companies, through his Camden Holdings of Beverly Hills, Calif. But Anderson, a disbarred lawyer who served time for orchestrating a $50 million real estate fraud, isn’t talking. The Securities & Exchange Commission has filed a civil complaint. Among other things, the agency alleges that Contreras was a front for Anderson, who himself used Terax to defraud investors out of $3.5 million. “We got him early, before he dumped a bunch of inflated shares on the market,” says SEC attorney Kevin Edmundson. Criminal prosecutors are watching. The FBI and the U.S. Attorney for the Central District of California have been investigating him since 2003 for fraud in another pink-sheet-listed company, NuWay Medical. Phillip Offill Jr., who is defending both Anderson and Contreras, says his clients have denied “the bulk” of the SEC’s charges.

The only surprise is that Anderson is still in business, holding big blocks of shares and debt in small energy and gaming ventures. You just can’t keep a bad man down.
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Here is a post from an investing site that has some very harsh criticism of Mark Roy Anderson: http://siliconinvestor.advfn.com/readmsg.aspx?msgid=23875833
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The funny thing is Anderson is at work and picks up the phone !

http://www.summittoil.com/

These things are just a cost of doing business for securities recidivists/convicts like Mark Anderson.
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Here is a link to a Federal US Court of Appeals filing of a case where Mark Roy Anderson was a defendant.
http://cases.justia.com/us-court-of-appeals/F2/993/1435/310643/
Although I’m no attorney, after reading just the first paragraph of this document (quoted here), I see that Anderson pleaded guilty to mail fraud, but then successfully appealed and had the judgment vacated.
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Mark Roy Anderson, who pleaded guilty to two counts of a thirty-count indictment for mail fraud in violation of 18 U.S.C. § 1341, appeals his conviction and sentence on the grounds that the district court coerced Anderson into pleading guilty and impermissibly participated in the plea bargaining process, improperly reserved judgment on Anderson’s motion regarding a state grant of immunity until after trial, erred in considering all of the fraudulent activities alleged in the indictment in sentencing Anderson, and ordered restitution in excess of that permitted by law. Because the trial judge improperly influenced the plea negotiation process, we vacate Anderson’s conviction.
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Personally, I don’t know if Mark Roy Anderson is guilty of committing any crime. However, if he is a criminal and he thinks that he can go on harming others while using legal resources to cover up his parasitic activities, he’s fighting a losing battle. Until this morning, I had never heard of Mark Roy Anderson. I came across this blog entry after seeing the strange notice of removal of a search result by Google. Then, I followed up by reading about it on ChillingEffects.org (http://www.chillingeffects.org/notice.cgi?%3Fnotfounduncat=;NoticeID=2963&print=yes) and performed a few more Google searches. In less than an hour, I had pulled together all of the information in these two posts here. By linking them, Google and other search engines will eventually index them and make connections. One individual, no matter how determined or connected can suppress the truth. If you don’t want people to write critical things about you, then engage in moral behavior; trying to cover up your illicit activities is futile.

I still don’t fully understand the situation well enough to comment authoritatively, but simply based on what I’ve learned so far, this situation appears to be one where a well-connected individual brought legal resources to bear in order to suppress the ability for people to discover his participation in unsavory business dealings. All US citizens who believe in the US Constitution and using the internet to discover truth should be concerned by what has happened in this case.