by Steven Weisman, Esq. | May 5, 2022 | Scam of the day
Pump and dump scams have been with us for hundreds of years, however recently they have evolved to keep pace with today’s world of finance. A Pump and dump scheme is most often done with low priced stocks referred to as “penny stocks.” The scammers...
by Steven Weisman, Esq. | Aug 20, 2013 | Scam of the day, Site Related
Penny stocks are low-priced, thinly traded stocks that are often used as the tool for scammers to take advantage of unwary investors. Because they are so thinly traded, scammers are able to manipulate the prices so that they temporarily are able to artificially...
