Posted inEconomy

300 Percent Increase in American Investors Defrauded by ‘Ramp-and-Dump’ Stock Fraud: FBI

By Naveen Athrappully There has been a surge of criminals targeting stock investors in the United States in a “ramp-and-dump” stock manipulation scheme via messaging apps and social media platforms, the FBI said in a July 3 alert. In the scheme, “investment clubs” are promoted among potential targets. These clubs are often bots or fake […]