By the time the SEC suspends trading, on the most egregious (SPONGE, SAEI) , files a complaint against them, a lot of the money is gone into offshore accounts..
I think keeping tabs and keeping a list of the players that show up time and time again, will help folks identify the scams early on.
Many traders on the hub that profit from scams don't like this. Imagine if they tried to make money from investing in "real" companies. LOL
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.