TGI Solar Power Group Inc (TSPG)

[waterchaser]

FINRA WARNING ON CRYPTO SCAMS.
These PnD’s are getting some bad press from the authorities.
Buyer Beware!

https://www.finra.org/newsroom/2017/finra-warns-investors-dont-fall-cryptocurrency-related-stock-scams

Quote:
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning investors to beware of potential stock scams when considering the purchase of shares of companies that tout high returns associated with cryptocurrencies, such as bitcoin.

Unrealistic predictions of exponential returns and unsubstantiated claims made through press releases, spam email, telemarketing calls, or posted online or in social media may be signs of a classic “pump and dump” scam. The people touting such deals are typically unlicensed.

The goal of the pump-and-dump scam is to inflate the price of the stock through false and misleading statements that create unwarranted demand for the company's shares. The con artists can then sell their shares, leaving investors with worthless stock. Individual stocks are the most commonly held investment among investors nationwide, according to a FINRA Investor Education Foundation survey of 2,000 investors with non-retirement investment accounts.