4 Australians arrested for "pump and dump" scheme; new WhatsApp group offers inside trading tips.
Scammers create a new WhatsApp group after four Australians are arrested for a "pump and dump" scheme, offering inside trading tips. Australian Securities and Investments Commission charged the suspects with share market manipulation on July 23. This incident demonstrates regulators' challenges in combating scams to protect consumers.
August 04, 2024
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