In the US, two traders created a fake brokerage company to steal money from novice investors
In the US, a lawsuit is being filed against two traders from Michigan who created a fake brokerage company. Scammers attracted novice investors and abducted their money. The criminals hoped that no one would notice their activities, as "newcomers will still lose money", writes Bloomberg. caused fluctuations in the shares of these securities.
For example, in 2013 Craig said in a fake account that an investigation into the suspicion of fraud was launched against the American audio equipment Audience. This news led to a drop in the company's shares by 28% in a short time, after which the auctions were suspended.
Fake messages in social networks - not the only way to misinform participants of exchange trades. So in July 201? the shares of Twitter jumped in the price because of the message that the microblogging service will be sold for $ 31 billion. The news was posted on a fake website that looked like Bloomberg.com. After the fake news was replicated by some media outlets, Twitter shares jumped in price by 5%, and after its denial, they also fell sharply.
Another method of disinformation was the production of fake press releases. In the spring of 201? the 37-year-old Bulgarian citizen Nedko Nedev distributed press release on behalf of nonexistent company PTG Capital Partners Limited about its purchase of Avon Products.
After that, quotes Avon shares went up by almost 20%, and the attacker earned $ 5000 on this. Subsequently, both fraudsters were charged with fraud.
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