Stocktraderschat.com
Pump and Dump Stocks, causing member to lose money
- 02-15-2010
- 37
Stocktraderchat.com is involved in"Pump and dump", is a form of stock fraud that involves artificially
inflating the price of an owned stock
through false and misleading positive statements, in order to sell the
cheaply purchased stock at a higher price. Once the operators (MATTO) of the
scheme "dump" their overvalued shares, the price falls and investors
lose their money.
Company: Stocktraderschat.com
Country: USA
Site: stocktraderschat.com