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Coverage dated December 13, 2022

Social Media Influencers Charged by SEC in $100M Stock Fraud Scheme

Headline from NBC10 Philadelphia

U.S. government regulators charged eight social media influencers Wednesday in a $100 million fraud scheme in which they’re accused of promoting exchange-traded stocks, then selling their shares when prices rose.

NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

18 articles, oldest first.

  1. The Jamestown Sun

    U.S. authorities charge 8 social media influencers in securities fraud scheme (opens The Jamestown Sun)

    Published

    The Jamestown Sun's feed description

    The influencers are accused of using Twitter and Discord to boost stocks.

  2. Washington Examiner

    SEC charges influencers with $100 million Twitter and Discord fraud scheme (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    Eight social media influencers and self-proclaimed day traders were charged with fraud for promoting a $100 million "pump and dump" scheme.

  3. NBC10 Philadelphia

    Social Media Influencers Charged by SEC in $100M Stock Fraud Scheme (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    U.S. government regulators charged eight social media influencers Wednesday in a $100 million fraud scheme in which they’re accused of promoting exchange-traded stocks, then selling their shares when prices rose.

  4. NBC 6 South Florida

    SEC Charges Social Media Influencers in Alleged $100 Million Stock Pump and Dump Scheme (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    The defendants allegedly used Twitter and Discord to promote stocks without disclosing alleged plans to sell once the prices rose.

  5. NBC 6 South Florida

    Miami Social Media Influencer Among 8 Charged by SEC in $100M Stock Fraud (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    U.S. government regulators charged eight social media influencers Wednesday in a $100 million fraud scheme in which they’re accused of promoting exchange-traded stocks, then selling their shares when prices rose.

  6. The Daily Caller

    Social Media Influencers Charged For Massive Stock ‘Pump And Dump’ Scheme (opens The Daily Caller)

    Published

    The Daily Caller's feed description

    Seven social media influencers and one podcast host were indicted in a federal court for allegedly using Twitter and Discord to pump and dump stocks.

  7. Forbes

    Eight Social Media Influencers Lied To Their Followers To Manipulate Stocks, SEC Lawsuit Claims (opens Forbes)

    Published

    Forbes's feed description

    The eight earned an estimated $100 million by promoting various stocks to their followers on Twitter, Discord, YouTube and a podcast.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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