Hong Kong police and Securities and Futures Commission (SFC) have charged 13 suspects, a syndicate, of a sophisticated ‘ramp-and-dump’ scheme, otherwise known as https://www.financemagnates.com/terms/p/pump-and-dump-scheme/” target=”_blank” id=”69f3f26a-202b-49b5-a1a7-9fca1162a580_1″ class=”terms__main-term” rel=”noopener”>pump-and-dump scheme, due to having committed several offences.
The charges came after a joint investigation by law enforcement and the financial market watchdog against the fraudulent stock investment schemes…
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