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[Stock_Barber]

300 Percent Increase in American Investors Defrauded by ‘Ramp-and-Dump’ Stock Fraud
by Naveen Athrappully July 5, 2025

There has been a surge of criminals targeting stock investors in the United States in a “ramp-and-dump” stock manipulation scheme via messaging apps and social media platforms, the FBI said in a July 3 alert.

In the scheme, “investment clubs” are promoted among potential targets. These clubs are often bots or fake accounts, and the promotional messaging directs victims to secure messaging apps where the group operates. Scammers impersonate legitimate brokerage firms or well-known stock analysts to appear credible.

“They secretly control a large volume of a low-priced stock and coordinate efforts to inflate its price (‘ramp up’) by encouraging investment club members to purchase shares over a period of several weeks or months,” said the alert.

“Once the price is artificially elevated, the criminals sell off (‘dump’) their shares at a profit, leaving unsuspecting investors with significant losses as the stock value collapses.”

According to the FBI, there has been at least a 300 percent annual jump in victims complaining about ramp-and-dump stock fraud so far this year.

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https://usdollardefense.com/300-percent-increase-in-american-investors-defrauded-by-ramp-and-dump-stock-fraud/