SEC Charges Adviser with Defrauding Investors via Social Media Sites
Thursday, January 5th, 2012On Wednesday, the Securities and Exchange Commission today charged a Chicago-area investment adviser, Anthony Fields, with fraudulently promoting more than $500 billion in fictitious securities on several social media sites and issued two alerts and an investor bulletins regarding the risks investors and advisory firms face when using social media.
"Fraudsters are quick to adapt to Read More...
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