Justice Served to Lying Corporate Thieves
A Dallas, Texas-based stockbroker was sentenced to 84 months incarceration after being convicted of heading a “pump and dump” investment scheme, according to a U.S. Department of Justice press release. The sentence is an immense proclamation that those who lie and manipulate the stock market will be caught and punished and their greed will be their downfall. The convicted, Joshua Wayne Lankford, was connected to a “pump and dump” investment scheme where he and several other co-conspirators were charged and convicted for buying up penny stocks and fraudulently manipulating their value and selling them at an overinflated price. Essentially,...
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