Regulators: Watch out for e-mail stock scams

06/13/2013 | InvestmentNews (free registration)

E-mail scams that try to lure investors into buying stock so the price balloons and the scammers can then sell it are on the rise, the Securities and Exchange Commission and the Financial Industry Regulatory Authority say in an alert about so-called "pump-and-dump" fraud. "E-mail stock spamming is back in high gear," the regulators said.

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