January 12, 2023
Pump-and-Dump
The SEC filed charges against five individuals (Joseph R. Earle Jr, Barry D. Reagh, William Clayton, Francis T. Dudley, and Steven E. Bryant) and two companies (Upper Street Marketing, Inc. and Project Growth International, Inc.) for running a fraudulent pump-and-dump scheme. The group sold shares of Upper Street Marketing while selling new stock shares through a boiler room.
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