𝗗𝗮𝗶𝗹𝘆 𝗠𝘆 𝗛𝗲𝗿𝗼 𝗔𝗰𝗮𝗱𝗲𝗺𝗶𝗮

Additionally, investors are often instructed to deposit monies into personal bank accounts of individuals who claim to represent a legitimate entity, and/or into an unrelated corporate account. To lend credence and to lure unsuspecting victims, perpetrators usually claim that their entity and/or the investment schemes are approved by financial authorities. These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. Crude oil prices edged higher after tumbling on Thursday, when U.S. West Texas intermediate slid back below $110 per barrel after topping as much as $130 a barrel in recent sessions. Still, gas prices at the pump rose to fresh highs.
from cn

Telegram 𝗗𝗮𝗶𝗹𝘆 𝗠𝘆 𝗛𝗲𝗿𝗼 𝗔𝗰𝗮𝗱𝗲𝗺𝗶𝗮
FROM American