September 14, 2016 BY Valentina Kirilova

“Stock Trading Whiz Kid” to pay $1.5 million to settle stock newsletter fraud charges

The Securities and Exchange Commission (SEC) has announced that a self-proclaimed “stock trading whiz kid” and his stock newsletter company in Los Angeles have agreed to pay nearly $1.5 million to settle charges that they defrauded subscribers through false statements and misrepresentations. According to the SEC’s complaint, Manuel E. Jesus and his newsletter company Wealthpire Inc.…

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