Boring Money

YouTube is great for pump-and-dumps


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SEBI issued 2 orders in 2 days penalising people for pumping-and-dumping stocks. The pump-and-dump had people create artificial volumes, make YouTube videos, sell ads to popularise them, and then finally dump them. Even Arshad Warsi was involved. Yet, this was an easy catch for SEBI because none of the scam participants took the least of measures to hide their tracks.

To read: https://boringmoney.substack.com/p/youtube-is-great-for-pump-and-dumps



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Boring MoneyBy Shreedhar Manek