Online Trading – A Warning!
Avoiding the Pitfalls of Online Trading, a guide by US-CERT Online trading can be an easy, cost-effective way to manage investments. However, online investors are often targets of scams, so take precautions to ensure that you do not become a victim. What is online trading? Online trading allows you to conduct investment transactions over the […]
e-Gold indicted on money-laundering charges
e-Gold, in Melbourne, Florida issued the following shock announcement on their website. “On April 24, 2007, a Federal Grand Jury handed down an indictment charging e-gold Ltd., Gold & Silver Reserve, Inc., and the Directors of both companies with money laundering, operating an unlicensed money transmitter business, and conspiracies to commit both offenses.” If half […]
Pump & Dump Spam Scam gets action
In their biggest strike ever against online investment scams, US regulators on Thursday shut down trading in 35 over-the-counter stocks that have been the subject of spam e-mails touting their investment potential. Christopher Cox, the Securities and Exchange Commission chairman, estimated that more than 100m stock-touting e-mails are sent each week. The majority are pump-and-dump […]