March 21, 2018 BY Valentina Kirilova
Securities Commission Malaysia warns against ‘pump and dump’ schemes via social media
The Securities Commission Malaysia (SC) has issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes. Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the…
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