Scams and Frauds: Part VI – The Penny Stock Scam

We’ve all heard of penny stocks.  The SEC defines a “penny stock” as low-priced shares of small companies that typically trade infrequently, generally over the counter and not on a stock exchange. It is sometimes difficult to find price quotes on these companies and to obtain accurate pricing. They’re the cheap stocks that we can … More Scams and Frauds: Part VI – The Penny Stock Scam