Feds Detail Gerova $20M Pump-And-Dump Scheme To Jurors

By William Gorta ( September 13, 2016, 9:54 PM EDT) -- The president of a now-bankrupt NYSE-traded investment firm treated the company as his "personal piggy bank" as he and his "partner in crime" enacted a five-step plan to deceive investors in a $20 million pump-and-dump securities fraud scheme, prosecutors told jurors Tuesday in New York federal court....

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