Wow, this looks like a pretty serious manipulation game they were playing:
> First, the defendants and their co-conspirators secretly amassed control of the vast majority of the stock of certain publicly traded companies that were traded on the over-the-counter (“OTC”) market in the United States. Second, the defendants and their co-conspirators then manipulated the price and trading volume for these stocks, causing the share price and trading volume to become artificially inflated, through coordinated trading and false and misleading promotional campaigns that they funded.
I'm curious about which stocks were actually involved.
I'm also curious how much they profited on this scheme, and how much capital they had to amass to get it started. It seems like a big investment and a lot of hard work by a lot of people! It's too bad they were using it to defraud people.
> First, the defendants and their co-conspirators secretly amassed control of the vast majority of the stock of certain publicly traded companies that were traded on the over-the-counter (“OTC”) market in the United States. Second, the defendants and their co-conspirators then manipulated the price and trading volume for these stocks, causing the share price and trading volume to become artificially inflated, through coordinated trading and false and misleading promotional campaigns that they funded.
I'm curious about which stocks were actually involved.
I'm also curious how much they profited on this scheme, and how much capital they had to amass to get it started. It seems like a big investment and a lot of hard work by a lot of people! It's too bad they were using it to defraud people.