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Scams and Frauds
Scams and
Frauds
Here are some
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SEC Sues Telemarketers for Fraudulent
'Wrong Number' Stock Tips -
The Securities and Exchange Commission announced the filing of civil charges against two voicemail
broadcasters and their associates for broadcasting hundreds of thousands of fraudulent "wrong number" stock
tip messages. The messages, which were left on telephone voicemail recording machines throughout the
country, were designed to make each recipient believe the caller had dialed the number by mistake. Many
of the messages were left by a woman calling herself 'Debbie,' and sounded as if she had misdialed when
calling a friend to pass along a hot stock tip.
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