The U.S. Department of Justice and the Securities and Exchange Commission filed parallel lawsuits against eight social media influencers, alleging they engaged in a pump-and-dump stock manipulation scheme that fleeced their followers out of $100 million. The SEC announced fraud charges on Wednesday against seven self-proclaimed “FinTwit” financial gurus on Twitter: Perry Matlock a/k/a “PJ Matlock;” Edward Constantin a/k/a “Edward Constantinescu” and “MrZackMorris;” Thomas… Source link
Read More »