disLEXia lies, laws, legal research, crime and the internet
Tuesday, February 24, 1998
USA - S.E.C. Accuses 44 Stock Promoters of Internet Fraud
(New York Times)
Federal regulators said yesterday. that they had accused 44 stock promoters of fraudulently recommending more than 235 small companies on the Internet. The Securities and Exchange Commission, which created a special enforcement squad in July to monitor Internet frauds, called the civil enforcement action the first such nationwide crackdown. [Quick Links Computercrime/Cybercrime]
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