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
HK watchdog seeks to freeze $394M in assets in case about suspected manipulation of Grand Talents shares
The SFC of Hong Kong has applied for an interim order from the Court of First Instance to freeze assets intended for compensation to affected investors.
Hong Kong SFC conducts operation against ramp-and-dump syndicate
A joint operation by the Hong Kong Securities and Futures Commission (SFC) and the ICAC has resulted in the arrest of eight people.
HK watchdog issues more freezing orders related to social media scams
The SFC issues restriction notices to 15 brokers to freeze client accounts linked to suspected social media ramp-and-dump scam.
HK authorities crack down on ramp-and-dump syndicate
The ramp-and-dump schemes drive up share prices of target stocks and then induce investors via social media platforms to buy these shares.
