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Scam of the day – August 20, 2013 – Indictments in huge international penny stock fraud

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...

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