Canada’s CSA warns of surge in ramp-and-dump schemes
Ramp and dump schemes involve coordinated efforts by fraudsters to take control of low-priced or thinly traded stocks.
ramp-and-dump scam
Two family couples sentenced in HK for involvement in ramp-and-dump schemes
Masterminds jailed up to 24 months in securities fraud case involving social media “stock tips” of alleged ramp-and-dump schemes.
SFC seeks court order to freeze $62.5M in assets in ramp-and-dump case
Hong Kong’s Securities and Futures Commission (SFC) has applied for an order from the Court of First Instance to freeze assets intended for compensation.
HK regulator orders 10 brokers to freeze client accounts linked to social media scam
The SFC has issued restriction notices to 10 brokers to freeze client accounts linked to a suspected social media ramp-and-dump scam.
SFC, HK Police operation results in charges against ramp-and-dump syndicate
Thirteen suspects were charged following a joint operation of the SFC and the Hong Kong Police against a ramp-and-dump syndicate.
HK watchdog orders freeze of 54 trading accounts linked to social media ramp-and-dump scam
A total of 13 Hong Kong brokers will have to freeze client accounts linked to suspected social media ramp-and-dump scam.
Two HK brokers to freeze accounts linked to social media ramp-and-dump scam
SFC issues restriction notices to two brokers to freeze client accounts linked to suspected social media ramp-and-dump scam.
