SEC Continues Sweep With Charges In A New Pump-And-Dump Scheme – ValueWalk Premium
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SEC Continues Sweep With Charges In A New Pump-And-Dump Scheme

In its continuing effort to fight fraud that is all too common in the micro-cap market, the Securities and Exchange Commission has charged eight people with fraud in a penny stock pump-and-dump scheme involving a California company currently known as Gepco Inc that has changed its name and line of business several times in the last couple of years.

“Microcap fraud is a scourge on our . . .

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