Penny Stock Frauds

Epps Consulting Looks At 2011's Top Frauds, Schemes And Scams
Epps Consulting Looks At 2011's Top Frauds, Schemes And Scams PR Newswire 11/30/10 – 09:07 AM EST Hottest Penny Stock EMBA Pass on this stock & you will never forgive yourself. Read more today … Access Doc

20 Questions About Penny Stock Millionaire Answered
This is what I do for a living so I know it’s not just Penny Stock frauds, it’s guru frauds, newsletter frauds. This is why website like www.Profitly.com and www.Covestor.com are so good because if you’re a newsletter writer, post your damn track record. … Read Content

Stock Spams And Scams
Stock spams are the electronic equivalent of a boiler room sales operation in which someone who doesn’t know you tries to sell you securities, like penny stocks, or puts The SEC has investigated a variety of e-mail frauds such as: … Fetch Full Source

JOURNAL OF BUSINESS ISSUES
Action lawsuits against the perpetrators of penny stock frauds because the cost of litigation may outrun any collectible award. This paper presents three cases of Microcap companies whose practices were either controversial or outright fraudulent. … Read More

RE: Investor Protection, Market Integrity And Small Business …
Floodgates to a repeat of the kind of penny stock and other “boiler room” frauds that have ensnared financially unsophisticated and vulnerable investors in the past. The absence of adequate regulation has been shown to have undermined the integrity of the markets and … Read Document

State Utah
And frauds being promoted in other states. The top ten are: 1. Instant Messagina Stock Tips In this scam, promoters of penny stock companies send text messages to your cell phone. The messages contain stock tips, purporting to be inside … Doc Retrieval

SEC News Digest, 06-16-1989
Cate investors on the risks of penny stock frauds, as well as to enhance cooperation between the SEC, state and federal law enforcement agencies, state securities regula- I tors, and self … Get Document

GOVERNMENT FINANCE OFFICERS ASSOCIATION – GFOA Of The US …
A. Common Financial Statement Frauds . B. Equity, Penny Stock & Pump-N-Dump Schemes . C. Related Party Transactions . D. Alter Ego . E. Tax Evasion F. Ponzi Schemes . III. Profile of Typical Fraud Perpetrator A. Initial Detection of Frauds . B. … Access Doc

STATEMENT OF KEVIN L. PERKINS ASSISTANT DIRECTOR, CRIMINAL …
The most common form of these frauds is the Ponzi scheme, which is named after early 20th century criminal Charles Ponzi. personal online brokerage accounts and using the accounts to purchase shares of a penny stock to inflate its price. As in normal Pump and Dump schemes, … Retrieve Full Source

Microcapmillionaires.com Presents: Penny Stocks In Play For 2012
Penny Stocks In Play for 2012 . Note: Each stock mentioned will have a short blurb and a snapshot of a weekly chart. (many Chinese stocks have been exposed as frauds). It will need some unexpected good news to get it moving, … Doc Viewer

Bre-X Minerals Ltd – Terry College Of Business – University …
A company that had been a penny stock with a market capitalization measured in the thousands just four years earlier. However, in March 1997, of the largest gold frauds in history. Mutual funds, pension plans, and private investors … Return Doc

FBI Perkins Testimony Re Mortgage Fraud, Securities Fraud
The most common form of these frauds is the Potlzi scheme, which is named aRer early 20th century criminal Charles Ponzi. personal online brokerage accounts and using the accounts to purchase shares of a penny stock to inflate ils price. As in normal Pump and Dump schemes, … Access Content

Fighting Consumer Fraud – Federal Trade Commission
stock manipulations, penny stock frauds, and other securities schemes. 6 Meanwhile, unregistered investments have mushroomed on the Internet. It was no surprise, then, to find fraud operators who were trumpeting the riches to be reaped through online … Read Document

9-23-2008 Fireside Chat On Enforcement Transcript
Take one example, the penny stock frauds. They were a problem then as they are today and so we tried to get a regulatory remedy and adopted a Rule which said you couldn’t trade the security initially … Retrieve Doc

Rep15 ColdCallingResearchRpt @17Jun02 Final
Including other penny stock frauds, and there were of course some crude high-pressure approaches used in the scam. However, in general the techniques used in this scam to persuade people to part with their money were relatively sophisticated compared to most … Retrieve Content

STATEMENT OF KEVIN PERKINS ASSISTANT DIRECTOR FEDERAL BUREAU …
Into Prime Bank Investment Frauds because the criminals use sophisticated terms, legal looking documents, and claim that the investments are insured against loss. 2. penny stock to inflate its price. As in normal Pump and Dump schemes, once the price of the … Access Full Source

Ilepadment Of Iustice
Into Prime Bank Investment Frauds because the criminals use sophisticated terms, legal looking documents, and claim that the investments are insured against loss. 2 . penny stock to inflate its price. As in normal Pump and Dump schemes, once the price of the … Fetch Doc

Speech: Penny Stock Manipulation And The Small Investor …
Investors who are abused in penny stock market frauds may lose confidence in the securities market. Money lost as a result of penny stock market abuse is money not invested in legitimate small businesses. Fraud and manipulation in this market needs … Fetch Here

Securities Subsection – SECURITIES REGULATION TENDS
Middle/Late 1970’s – Insurance Frauds. 1975 – Early 1990’s Penny Stock Boom – Crash. Frauds more sophisticated – much larger. Corporate scandals (see attachment). Refco, Adelphia, Tyco, World Com., Rite Aid Corp., Enron, Health South, … Fetch Here

UNITED STATES DISTRICT COURT DISTRICT OF DELAWARE
One or more of these frauds. The fraudulent proceeds from these schemes totaled more offering of penny stock pursuant to Securities Act Section 20(g) [15 U.S.C. § 77t(g)]; and k) grant such other relief as this Court may deem just and proper. … Return Document