The $480 Million Scam Playbook: Chinese Microcap IPOs Are . . . A growing number of U S investors are getting caught in what looks like the perfect setup for fraudsmall Chinese companies like Jayud Global Logistics and China Liberal Education going public on
WSJ - Obscure Chinese Stock Scams Dupe American Investors by . . . Victims are typically recruited through social-media ads or messages on WhatsApp advertising investment advice Unlike as in many other online scams, they are told to buy shares in real companies, often obscure Chinese firms that fizzled after going public on U S stock exchanges
A first look at Oracle; Thousands of investors have been . . . Obscure Chinese Stock Scams Dupe American Investors by the Thousands Excerpt: Wall Street veterans say the pattern has been repeated dozens of times in recent years, and feeds on tiny Chinese stocks that are vulnerable to manipulation and easily bought by U S investors
US Investors Repeatedly Caught in Chinese Stock Scams With just a few clicks, American investors are being lured into Chinese stock scams and losing everything From social media ads to so-called “expert advice,” these schemes push rising stocks that suddenly crash, wiping out life savings overnight Over a third of recent Chinese IPOs on Nasdaq have plummeted by 50 percent or more in a single
The Daily Roundup - The Wire China The Wall Street Journal Obscure Chinese Stock Scams Dupe American Investors by the Thousands — The Justice Department is making a push to disrupt the schemes, which use social media to find buyers for risky stocks