SEC Charges Detroit Area Man and His Company with Conducting a Pump and Dump Scheme
On December 10, 2013, the Securities and Exchange Commission charged Randy A. Hamdan and a related entity, Oracle Consultants LLC, with carrying out a pump-and-dump scheme in the securities of CompuSonics Video Corporation. Through his trading entity, Hamdan generated illicit proceeds of approximately $30,000. [...] more http://www.sec.gov/litigation/litreleases/2013/lr22892.htm
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