The Canadian Press

2015-10-21 | Stock Fraud

Preview Clip

Canadians are being warned about bogus stock promotions, including one called "pump and dump."

Date: 2015-10-21
Placeline: TORONTO.
Source: The Canadian Press
Length: 33 seconds

Transcript Prediction: << Securities Regulators say scam artists are using popular smartphone apps such as WhatsApp spam is used to boost interest in a particular company and convince people to invest in The Firm but people have no idea the promoter owns a lot of those shares as investors Buy in the shares rise in value and when they hit a peak the scam artist sells Samba shares Plunge in value leaving investors holding shares that are virtually worthless little Marshall the Canadian press Toronto >>