Tag: pump-and-dump schemes

‘pump and dump’ schemes Securities Commission Malaysia SC warning
March 21, 2018 BY Valentina Kirilova

Securities Commission Malaysia warns against ‘pump and dump’ schemes via social media

The Securities Commission Malaysia (SC) has issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes. Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the…

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February 16, 2018 BY Valentina Kirilova

CFTC warns against pump-and-dump virtual currency schemes

The Commodity Futures Trading Commission (CFTC) has issued a Customer Protection Advisory that warns customers to beware of and avoid pump-and-dump schemes that can occur in thinly traded or new “alternative” virtual currencies, digital coins or tokens. As with many online frauds, this type of scam is not new - it simply deploys an emerging…

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