Facebook Stock Fraud

An investment adviser of Indian descent has admitted to a $9million-fraud involving Facebook stock Thursday, the Federal Bureau of Investigation announced.

If you missed our coverage, here are the top 10 stories of the day.

If you missed our coverage, here are the top 10 stories of the day.

It seems that someone has found a way, albeit illegal, to make money off social networking: defrauding investors. Facebook and Twitter were used to tout stocks in a classic “pump and dump” fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors said on Tuesday. Investigators discove...

An investment adviser of Indian descent has admitted to a $9million-fraud involving Facebook stock Thursday, the Federal Bureau of Investigation announced.

If you missed our coverage, here are the top 10 stories of the day.

If you missed our coverage, here are the top 10 stories of the day.

It seems that someone has found a way, albeit illegal, to make money off social networking: defrauding investors. Facebook and Twitter were used to tout stocks in a classic “pump and dump” fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors said on Tuesday. Investigators discove...