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unusual facts about pump and dump


Pump and dump

During the dot-com era, when stock-market fever was at its height and many people spent significant amounts of time on stock Internet message boards, a 15-year-old named Jonathan Lebed showed how easy it was to use the Internet to run a successful pump and dump.


Steve Madden

Madden's financial affairs were closely entangled with Long Island 'pump and dump' brokerage Stratton Oakmont, cofounded by Madden's childhood friend Danny Porush.


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