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 ...
LAS VEGAS, Nev. (FOX5) - All investors want to grow their wealth as quickly as possible, but beware of social media posts promising big returns fast. It’s called a “pump and dump” scheme. Bad actors ...
Author Hitesh Dev is the COO at Devout Corporation and a health tech consultant, supporting Federal and Commercial organizations since 2002. The rise of social media has transformed financial markets, ...
Investors lost billions of dollars on certain U.S.-listed Chinese stocks that tanked soon after being promoted on social media, the Financial Times has reported, raising concerns over potential ...