DOJ alleges 8 Americans used social media to make $114M in 'pump and dump' investment scheme

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The Department of Justice has indicted eight social media influencers for allegedly utilizing their wide reach to 'pump and dump' securities at the cost of investors.

Department of JusticeThe DOJ on Wednesday released a statement on the case, which names Edward Constantinescu , Perry Matlock, John Rybarczyk, Gary Deel, Stefan Hrvatin, Tom Cooperman, Mitchell Hennessey and Daniel Knight as defendants.

"The defendants collectively had over 1.5 million followers on Twitter to whom they allegedly disseminated false and misleading information about the securities that they pumped and dumped as part of the charged scheme," the DOJ explained.According to the indictment, the group utilized multiple social media platforms —

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

08 is still here

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 458. in RU

Россия Последние новости, Россия Последние новости