Multiple individuals, including a fake Bill Ackman, are using Facebook to scam investors out of millions in 'pump and dump' schemes, costing some their life savings. The SEC and Volkswagen settle for $48.7 million over emissions fraud claims.
The Securities and Exchange Commission (SEC) on Thursday charged 17 people for their purported roles in a $300 million Ponzi scheme that attracted more than 40,000 investors. https://t.co/2wFN3DfgX4
this is a FB fraud problem, not a @billackman problem A Fake Bill Ackman Is Scamming Investors Out of Millions on Facebook https://t.co/GzV2yK93SJ
A Bill Ackman imposter — and several others posing as Wall Street bigs — has lured hapless investors into “pump and dump” schemes that have cost several their life savings, in some cases, millions of dollars, The Wall Street Journal reports. https://t.co/z36Wyc8xTd
The SEC and Volkswagen told a California federal court on Friday that they have reached a $48.7 million settlement to end claims that the automaker defrauded U.S. investors in its scheme to cheat emissions standards in its vehicles. https://t.co/TvUiiCVyK8 https://t.co/RKMNjJYy0S
A Bill Ackman imposter — and several others posing as Wall Street bigs — has lured hapless investors into “pump and dump” schemes that have cost several their life savings, in some cases, millions of dollars. https://t.co/zIqI5McXTZ https://t.co/Qm4YQM8si5
The Billionaire And The Con Artist https://t.co/u52TP396Y0
WSJ covers the fake Bill Ackman scam I complained about, and even Ackman himself can’t get Meta to remove the ads. https://t.co/gbI0L964Nh
Phony Billionaires on Facebook Are Scamming Americans Out of Their Life Savings https://t.co/oIUuUpiQDd via @WSJ