Pump and dump

SEC Gives Bond Dealers 3-Month Reprieve
Risk & Compliance

SEC Gives Bond Dealers 3-Month Reprieve

The commission has delayed enforcement of amendments to a disclosure rule amid concerns over its potential impact on the bond markets.
By Matthew Heller | September 27, 2021
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Seven Accused of $45M Pump-and-Dump Fraud
Risk & Compliance

Seven Accused of $45M Pump-and-Dump Fraud

Kelly Kabilafkas allegedly orchestrated a fraud that culminated in him and his associates dumping shares in Airborne Wireless Network.
By Matthew Heller | March 2, 2021
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Attorneys Charged in $6M Microcap Fraud
Risk & Compliance

Attorneys Charged in $6M Microcap Fraud

The SEC says the lawyers played a "crucial role" in passing off at least 22 shell companies as legitimate startups.
By Matthew Heller | October 12, 2017
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SEC Warns of Initial Coin Offering Fraud Risks
Technology

SEC Warns of Initial Coin Offering Fraud Risks

Fraudsters could be using “the lure of new and emerging technologies to convince potential victims" to invest in companies that promote ICOs.
By Matthew Heller | August 29, 2017
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Nine Charged With Jammin’ Java Stock Fraud
Risk & Compliance

Nine Charged With Jammin’ Java Stock Fraud

The SEC alleges stock promoter Shane Whittle orchestrated a "pump-and-dump" scheme that artificially inflated the coffee distributor's share price.
By Matthew Heller | November 18, 2015
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Three Charged With Medical Firm ‘Pump-and-Dump’
Risk & Compliance

Three Charged With Medical Firm ‘Pump-and-Dump’

The microcap markets are of increasing concern to regulators, says the U.S. Attorney's Office.
By Matthew Heller | September 15, 2015
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SEC Charges 34 Defendants With Microcap Fraud
Risk & Compliance

SEC Charges 34 Defendants With Microcap Fraud

Fifteen individuals and 19 firms allegedly participated in "pump-and-dump" schemes that netted $6.5 million in illegal profits.
By Matthew Heller | July 15, 2015
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SEC Suspends Trading in 128 Shell Companies
IPOs

SEC Suspends Trading in 128 Shell Companies

Doing so puts the 128 dormant penny-stock companies out of reach of 'microcap fraudsters,' says the Securities and Exchange Commission.
By Vincent Ryan | March 2, 2015
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Ebola Microcaps Suspended From Trading
Risk & Compliance

Ebola Microcaps Suspended From Trading

The SEC halted trading in the shares of four thinly traded companies that are "purportedly involved in Ebola prevention, testing or treatment."
By Vincent Ryan | November 20, 2014
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