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Old 08-09-2007, 05:37 PM
ahnuld ahnuld is offline
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Join Date: May 2005
Posts: 10,945
Default Re: Pump-and-dump scheme

I got screwed by a pump and dump scam when I was 14. I knew what was going on and would buy the stock the moment the pumping began and sell 24 hrs later, making a profit 4 months straight. The one month I bought the company and it was frozen as the FBI made one of the largest busts in history, taking down a big chunk of the Bonnano family. http://money.cnn.com/2000/06/14/companies/fraud/

Lesson learned at an early age!
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