Hong Kong Charges 13 in a Pump-and-Dump Scheme Crack Down
Mar 29, 2023
786
0
The scale of the scheme was not revealed.
The perpetrators were charged for market manipulation and money laundering.
Hong Kong police and Securities and Futures Commission (SFC) have charged 13 suspects, a syndicate, of a sophisticated 'ramp-and-dump' scheme, otherwise known as pump-and-dump scheme, due to having committed several offences.
Our websites use cookies to offer you a better browsing experience by enabling, optimising, and analysing site operations, as well as to provide personalised ad content and allow you to connect to social media. By choosing 'Accept all' you consent to the use of cookies and the related processing of personal data. Please view our privacy policy.
Manage Consent
Necessary Cookies
Essential for website functionality, allowing navigation and login access.
Functional Cookies
Enhance user experience by remembering preferences and settings.
Analytics Cookies
Collect data on user interactions to improve site performance and content.
Performance Cookies
Monitor and optimize website performance for a smoother user experience.
Comment (0)