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A California man was arrested on federal securities fraud charges after making more than $9 million by manipulating penny-stock prices and targeting retail investors, according to prosecutors and the U.S. Securities and Exchange Commission. Charlie Abujudeh, 48, and his associates used deceptive promotional campaigns and “high-pressure sales tactics” from August…
The post California man arrested for alleged $9 million stock fraud | #phishing | #scams appeared first on National Cyber Security News Today.
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