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FINRA Warns Investors: Don’t Fall for Cryptocurrency-Related Stock Scams

Financial Industry Regulatory Authority press release --------- The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning investors to beware of potential stock scams when considering the purchase of shares of companies that tout high returns associated with cryptocurrencies, such as bitcoin. Unrealistic predictions of exponential returns and unsubstantiated claims made through press releases, spam email, telemarketing calls, or posted online or in social media may be signs of a classic “pump and dump” scam. The people touting such deals are typically unlicensed. To learn more click on the picture below to read the release.

FINRA Warns Investors: Don’t Fall for Cryptocurrency-Related Stock Scams - Read More from FINRA

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