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Resource ID: #10957
Subject: Fraud
Source: Bloomberg Business News (Princeton, N.J.)
Affiliation: 
Date: 

$0.00

Description

The Spectrum story illustrates how a company with claims of promising but unsubstantiated technology can rake in millions of dollars from investors. In the process, company insiders reap foutunes through inflated stock prices while small investors wind up as the big losers.

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