Logo
BusinessBusiness

Seven people, accused of taking part in a $140 million international penny-stock fraud that US prosecutors say is one of the largest in history, were arrested.

Federal agents arrested six individuals in the US accused of participating in a scheme to inflate the values of at least a dozen worthless stocks and market them to investors, Brooklyn US Attorney Loretta E. Lynch said yesterday. A seventh defendant was arrested in Canada, she said.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy