Penny-Stock Co.’s, Officers, Promoters, Face SEC Charges for Kickback Schemes

Shoshanna Utchenik ticklethewire.com Collaboration between the SEC, FBI, and Florida U.S. Attorney’s office has resulted in charges against several penny-stock companies, their officers, and three promotors for bribes and kickbacks. The Wall Street Journal reports that shady players charged by the SEC Monday include one caught paying kickbacks to an FBI agent posing as a…

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