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Influencers who promoted stock on social media charged with $100m fraud scheme | Science & Tech News
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Eight social media influencers who allegedly used their status to manipulate stock prices have been charged in a $100m (£81m) fraud scheme. The young men had a combined following of 1.5 million people on Twitter, and used it alongside messaging platform Discord to promote themselves as successful traders and encourage their fans to invest in…
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Instagram influencer Hushpuppi, who tried to steal £100m from Premier League club, jailed in US | Science & Tech News
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An Instagram influencer has been jailed for more than 11 years over a global, multi-million dollar scam which targeted a Premier League club. Ramon Abbas, who was known to his followers as Ray Hushpuppi, was sentenced by a California judge to 135 months and ordered to pay in excess of $1.7m (£1.5m) to two fraud…