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SEC sues over stock market spam scam
Law, Quick Link, Technology Comments (0)
Just a couple of quick links. SEC sues over stock market spam scam
A US couple have been charged over an allegation they made $1m via a stock market pump-and-dump scam, promoted using spam emails.
Jeffrey Stone, 42, of Greenwich, Connecticut, and his missus Janette Diller Stone face a civil lawsuit from the Securities and Exchange Commission (SEC) over their alleged use of junk mail tactics to artificially increase the value of stock they held in start-up firm WebSky Inc.
On a related note, I would like to say “Thank you” to The Internet Patrol for linking to my stock spam portfolio site.
MickC @ August 21, 2006