by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day
Churning is the name for the practice by unscrupulous stockbrokers who make excessive trades of stocks on behalf of their clients not to maximize the profit of their clients, but to maximize their own fees for making the trades since the stockbroker gets paid every...
by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day
Everyone would like to be able to invest in a stock while the price is still low, but can be expected to rise dramatically. This desire for the quick hit is used by scam artists in a scam called the “pump and dump.” In this scam, you may receive an email or a fax,...
