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Canadian Securities Regulator Uncovers Social Media Investment Scams

The regulator warned against scammers who artificially inflate stock prices by heavily promoting shares they own and then selling them once prices peak, causing losses for new investors.
Other fraudsters initially discuss well-known stocks but later steer investors towards riskier, less familiar stocks listed abroad, such as in Hong Kong.

Tuesday, 09/07/2024 | 16:02 GMT by Jared Kirui

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