Tag: social-networking fraud. mass-marketing fraud
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INCREDIBLE! SEC Says Recidivist Huckster And Felon Allen E. Weintraub Is Scamming Again — This Time With Purported Facebook Shares; Court Grants Asset Freeze And Agency Publishes Phone Number To Take Complaints
BULLETIN: The SEC is tackling another bizarre securities-fraud case in which the alleged elements read like fiction. In May 2011, the agency charged Allen E. Weintraub of Aventura, Fla., in a bogus “tender offer” caper in which he fraudulently claimed to have backers to purchase (for purported billions of dollars) Eastman Kodak Co. and AMR…