Justice Dept arrests stock trader over their posts on TWITTER that pushed penny stocks!

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Steven Gallagher, of Maumee, was charged Tuesday in New York federal court alleging he lied to over 70,000 Twitter followers to earn over $1 million illegally.

NEW YORK — An Ohio trader in penny stocks has been arrested on charges alleging he repeatedly lied to over 70,000 Twitter followers to earn over $1 million illegally in what authorities are calling a new twist on an old stock manipulation game.

www.wtol.com/article/news/crime/feds-ohio-stock-trader-fleeced-twitter-users-pump-dump-maumee-steven-gallagher/512-95aec0bd-a9a2-4979-a503-740b505c61e0

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www.bloomberg.com/opinion/articles/2021-10-29/financial-twitter-beware-the-cops-are-on-to-you?utm_source=facebook&utm_medium=news_tab&utm_content=algorithm

 

h/t Digital mix guy

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