FBI Issues US Social Media And Messaging Warning — What To Know

The FBI has issued a warning about a rise in stock fraud schemes on social media and messaging apps, particularly through “ramp-and-dump” tactics. Unlike traditional pump-and-dump scams, these involve coordinated hype to inflate a stock’s visibility before scammers quickly sell off shares, leaving unsuspecting investors with losses. Platforms like Facebook, Discord, and Telegram are being used to spread these schemes, often through group chats and viral posts. The FBI urges investors to be cautious, avoid acting on unverified tips, and always research stock fundamentals before making decisions.

Full Article