SEC Charges Influencers In $100 Million Fraud

Since at least January 2020, influencers have allegedly been involved in a pump-and-dump operation. The SEC have charged the influencers in $100 million fraud.

Federal prosecutors and the Securities and Exchange Commission indicted eight social-media influencers in connection with a purported stock-manipulation scheme in which they exploited their platforms to manipulate stock prices and earn more than $100 million illegally.

Both the criminal and civil complaints (read below), filed ...

Subscribe to view this content.

Explore exclusive GGI coverage of Donald Trump’s assassination attempt.

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].