TSXV:CMC - Post Discussion
Post by
odzie1 on Jan 15, 2022 1:35pm
mr. fleas and friends
Here is the post.
Criminal investigation underway
The U.S. Department of Justice’s Fraud Section has recently begun a widespread criminal investigation into the shadowy underworld of short selling. The Justice Department has issued several subpoenas in a probe that seeks to examine the interplay between hedge funds and investment research firms that publish studies on companies, including negative reports, according to a report from Bloomberg last month.
“It is long overdue that the Department of Justice is now looking into this,” Christian said. “I believe this is the largest commercial fraud in U.S. history. It makes the Bernie Madoff scheme look like a gnat on an elephant’s behind.”
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