Guilty Pleas Secured By ASIC in Telegram ‘Pump and Dump’ Action
The scheme involved artificially inflating Australian share prices before selling them at inflated values. ASIC said Larissa Quinlan, Kurt Stuart, Emma Summer, and Syed Yusuf all entered guilty pleas in the Downing Centre Local Court to conspiracy to commit market rigging and dealing with the proceeds of crime. Ms. Quinlan, Mr. Stuart, and Ms. Summer…
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