Although it may seem like all the pump and dump schemes moved on to crypto, there are still some old-school penny stock hustlers working the boiler rooms. The SEC charged a five-person, multi-national team with running a $58 million penny stock scam targeting US investors from a call center in Colombia
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Electric Vehicles
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It’s not terribly difficult to research people in the investment profession, thanks to such resources as FINRA BrokerCheck and the NFA’s BASIC database. Along with a Google or Lexis/Nexis search, and you can find out a ton of information about people. These resources won’t protect you from those who have not yet run afoul of the law, but they are perfect starting points
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Gold
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One of the many institutions name-checked in Inventing Anna, the Netflix story of fake German heiress Anna Sorokin, is City National. The Los Angeles bank is part of the Royal Bank of Canada empire. It caters to Hollywood movers and shakers, so it fit with Sorokin’s vibe/con. She applied for a $22 million loan from City National for the club that she wanted to open, but the application was rejected. Instead, she received a $100,000 overdraft facility that she drew down
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