As more retail investors trade penny stocks, innocent traders could be become victims. These equities are more vulnerable to fraud and have a history of multimillion-dollar scams. 'I'm getting a lot of calls from investors who are duped and getting scammed by penny-stock operators,' Jacob Zamansky, an investment fraud lawyer, told CNBC. Watch this video to learn more about how penny stocks inspired a new breed of investors, high-stakes gamblers, risk-taking fraudsters and enforcement crackdowns.
As more retail investors trade penny stocks, innocent traders could be become victims. These equities are more vulnerable to fraud and have a history of multimillion-dollar scams.
"I'm getting a lot of calls from investors who are duped and getting scammed by penny-stock operators," Jacob Zamansky, an investment fraud lawyer, told CNBC. Watch this video to learn more about how penny stocks inspired a new breed of investors, high-stakes gamblers, risk-taking fraudsters and enforcement crackdowns.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jacob Dunstan | ColliderStay up to date with new movie news, watch the latest movie trailers & get trusted reviews of upcoming movies & more from the team at Collider.
Read more »
‘Saltburn’: Release Date, Cast, and Everything We Know About Emerald Fennell’s Next FilmBarry Keoghan and Jacob Elordi star in the Margot Robbie and Emerald Fennell-produced film.
Read more »
Why the stock market's weakness doesn't mean the bears are in chargeMost U.S. market sectors that normally do the best at the end of bull markets have been laggards.
Read more »
Why Amazon is this analyst’s top internet stock pickAmazon is the poster child for online shopping, but its core e-commerce business may still be underappreciated on Wall Street.
Read more »
Why do all these countries want to go to the moon right now?The previous space race had certain technological and national goals. Now, the rush to the moon is driven by economies.
Read more »
Why Shoppers Love These Yesno Overalls From AmazonEasy, breezy, casual — these Yesno overalls from Amazon will be a transitional style staple for any savvy shopper! Details here.
Read more »