In what is being labeled as the largest securities fraud crackdown ever undertaken, U.S. federal authorities have charged members of organized crime families and others in a wide-ranging scheme that included fraudulently promoting stocks on Web sites and falsely touting companies as “dot-coms.”
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Feds Bust Massive ‘Dot-Com’ Stock Scam
Posted by: Lori Enos June 15, 2000 12:00 AMIn what is being labeled as the largest securities fraud crackdown ever undertaken, U.S. federal authorities have charged members of organized crime families and others in a wide-ranging scheme that included fraudulently promoting stocks on Web sites and falsely touting companies as “dot-coms.”