Viral Disease Stock Scams: Don’t Let Them Infect Your Portfolio
Keep your portfolio quarantined from potential viral disease
investment scams. If history is a guide, dramatic news coverage
of viral outbreaks, including Ebola and Middle East Respiratory
Syndrome (MERS), will likely catch the interest of stock
scammers looking to capitalize on fears of a potential pandemic.
Don't fall for the hype.   FINRA is issuing this Alert to warn
investors to be wary of promotions touting stocks that claim to
protect against the spread of viruses or other harmful diseases.
Aggressive stock promotional tactics may signal a potentially
fraudulent scheme.   Spotting Potential Investment Scams   FINRA
is aware of several potential investment scams involving
companies that claim to be involved in the development of
products that will prevent the spread of viral diseases.   The
fraudsters appear to employ a typical "pump and dump" scheme.
They lure investors with aggressive and optimistic statements
about the business through