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Eight finance influencers indicted in $100-million stock manipulation scheme

Por: Los Angeles Times Business December 15, 2022

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The promise was simple: Follow them and get rich. Eight influencers, based from California to Florida, promoted themselves on social media as financial gurus who could pick winning stocks. But in reality, federal authorities said, it was a pump and dump scheme, in which the perpetrators work to inflate the prices of stocks while pushing them as good investments before dumping them for profit. In parallel cases filed by the U.S. attorney's... + full article



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