Investment scam targeting retail investors: SEC exposes $15 million alleged scam: How WhatsApp groups, AI trading promises and fake SEC claims lured investors

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https://economictimes.indiatimes.com/news/international/us/sec-exposes-15-million-alleged-scam-how-whatsapp-groups-ai-trading-promises-and-fake-sec-claims-lured-investors/articleshow/134601884.cms

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Investment scam targeting retail investors: SEC exposes $15 million alleged scam: How WhatsApp groups, AI trading promises and fake SEC claims lured investors - The Economic Times

The SEC charges multiple entities for allegedly defrauding investors out of $15 million through AI trading scams that exploited WhatsApp groups and fake regulatory claims.