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Tag: PUMP AND DUMP

SEC Accuses Russian Hacker of Manipulating Stock Prices

Share Valery Maltsev, believed to be the sole owner and operator of Broco Investments, has found himself in the crosshairs of the SEC. The St. Petersburg, Russia-based trader has had his assets and accounts frozen after being fingered as the man behind a "pump and dump" scam. According to a complaint filed by the SEC, Broco hacked several accounts at AmeriServe Financial, and used them to ...