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stock fraud
In the same statement, the FBI called the scam "one of the largest international penny stock frauds and advance fee schemes in istory." Kanaphat said Winick was arrested in 2011 in Bangkok for a call center scam but& ...
With medical marijuana legal in almost 20 states, and recreational use of the drug recently legalized in two states, the cannabis business has been getting a lot of attention—including the attention of scammers. FINRA is& ...
Prosecutors said the global scheme involved pumping up the value of penny stocks. The defendants then allegedly dumped their shares and, in the process, fleeced tens of thousands of investors out of $140 million.
On Monday, President Obama quietly signed a bill repealing the major provisions of the much-touted ethics law known as the STOCK Act. Passed in 2012 after a 60 Minutes report on insider trading practices in Congress, the& ...
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