Fraud charges against eight social media influencers accused of promoting languishing stocks to their followers and then dumping the shares when they rose are exposing a dark side of investing. Seven ...
For years, the party never seemed to end but last week, the music finally stopped. Eight of social media’s most-followed faces of finance, four of them from the Houston area, were arrested. All are ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — The government on ...
Taking a page from those who for decades ran South Florida boiler rooms and call centers to fleece would-be investors, scamsters are increasingly moving to lure victims through social media ads that ...
Pump-and-dump stock scams are nothing new. These scams have been a mainstay of financial fraudsters for centuries. And while technology has changed the way they operate, the underlying principles and ...
WASHINGTON (AP) — The government on Wednesday charged eight men accused of earning more than $100 million in illicit stock market profits by manipulating their novice-investor followers on social ...
FILE - The U.S. Securities and Exchange Commission building in Washington is pictured on Aug. 5, 2017. The government on Wednesday, Dec. 14, 2022, charged eight men of earning more than $100 million ...
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