Bogus Advisers Served 'Ramp-And-Dump' Ploy, Feds Say

By Emilie Ruscoe ( November 14, 2025, 8:50 PM EST) -- Federal prosecutors charged a Hong Kong resident on Thursday with registering bogus investment advisers to run a so-called ramp-and-dump scheme that duped investors in buying up U.S.-listed shares of Chinese companies ahead of a selloff that profited overseas brokerage accounts to the tune of hundreds of millions of dollars....

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