SEC Obtains $58 Million Judgment In MicroCap Pump-and-Dump Scheme
Yesterday, the SEC announced a $58 million judgment against a UK and Canadian resident charged with perpetrating a multimillion-dollar, international pump-and-dump scheme involving the stock of Jammin’ Java Corp. (OTCPINK: JAMN), a company that used trademarks of the late reggae artist Bob Marley to sell coffee products. According to the SEC, Jammin Java’s former CEO Shane Whittle orchestrated the scheme with
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