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June 15, 2018

Posted  June 21, 2018

Adam Hand, a California-based former stock broker, was sentenced to 30 months in prison relating to charges of conspiracy to commit securities fraud. Hand and his brother participated in a “pump and dump” scheme that involved manipulating the price of Crown Marketing, a penny stock. Due to the scheme, investors lost over $1.5M. USAO Massachusetts

Tagged in: Misrepresentations, Securities Fraud,