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Fed. Circ. Allows 'Pump And Dump' Victims To Recoup Losses

By Dylan Moroses (May 29, 2020, 7:07 PM EDT) -- A couple that lost over $2 million in a fraudulent "pump and dump" investment scheme can deduct theft losses to recover a portion of their funds, the Federal Circuit said Friday in reversing a denial of their tax refund bid....

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