Friday, March 09, 2018 12:19:45 PM
http://www.siliconinvestor.com/readmsg.aspx?msgid=31519085&personmsgnum=1
SEC Charges Penny Stock “Mailman” With Scalping Investors In Gold Mining Stocks
FOR IMMEDIATE RELEASE
2018-38
SEC Complaint
sec.gov
Washington D.C., March 9, 2018 —
The Securities and Exchange Commission has charged a penny stock promoter based in Florida with defrauding investors in a pair of gold mining stocks by secretly amassing shares before touting the companies publicly. He allegedly sold the bulk of his stock and reaped more than $1.1 million in illicit profits after his promotions caused the share prices and trading volumes to skyrocket.
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