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Facebook, Twitter Used In Stock Fraud: U.S. Prosecutor

First Posted: 12/05/10 05:12 AM ET Updated: 05/25/11 06:55 PM ET

Money

Yahoo! News:

Facebook and Twitter social networking sites were used to tout stocks in a classic "pump and dump" fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors said on Tuesday.

Read the whole story: Yahoo! News

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Facebook and Twitter social networking sites were used to tout stocks in a classic "pump and dump" fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors sai...
Facebook and Twitter social networking sites were used to tout stocks in a classic "pump and dump" fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors sai...
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11:19 PM on 10/05/2010
so are we going to have 20 state Attorney's General gang up on and threaten to file suit against the websites like they did to Craigslist?