Wednesday, April 22, 2020

Hackers are now targetting stock markets

Generally, these fraudsters sell penny stocks from their account and buy them from the compromised account. Investors of the compromised account will lose money while counter-party to the scam orders will gain. They also trade on illiquid option contracts or just buy penny stocks to be sold later, said brokers.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3arMcqq

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