SEC Charges Investment Adviser In Social-Media Scam – Wall Street Journal

SEC Charges Investment Adviser In Social-Media Scam
Wall Street Journal
NEW YORK (Dow Jones)--The Securities and Exchange Commission charged an Illinois-based investment adviser Wednesday with offering to sell more than $500 billion in fictitious securities through various social-media websites, such as LinkedIn (LNKD). ...
Lyons man accused of using social media in fraudulent securities schemeChicago Tribune
US regulators target securities fraud on social media sitesFinancial Times (blog)
Advisor Accused of Touting $500M in Fake Securities Via Social MediaFinancial-Planning.com
The Associated Press
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