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The Rest of the Story, 2022

Planet Money

The SEC Filled a Civil Complaint Against Three Guys

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The Justice Department indicted three people who were intimately involved in a pump and dump scheme. Two of them have pled not guilty, the third is still at large. Dan says maybe with this one example of the deli where it was just this one sandwich shop in the middle of New Jersey with no growth plan, maybe it was so egregious. The market for stocks like the ones we're talking about, which are small time but publicly traded, they're not traded on a normal exchange.

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