Friday, April 07, 2006

SEC Files Emergency Action to Stop Ongoing Microcap Stock Fraud - Securities Fraud over the Internet Sheme

SEC Files Emergency Action to Stop Ongoing Microcap Stock Fraud - Securities Fraud over the Internet Sheme: "The defendants made over $873,000 by purchasing the stocks, anonymously disseminating false information about the companies on popular Internet message boards, and then selling the stocks at artificially inflated prices."

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