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Influencers charged in $114M fraud scheme

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A group of social media influencers have been charged in a $114 million fraud scheme.

Edward Constantinescu, known on Twitter as @MrZackMorris, and Perry Matlock, whose Twitter handle is @PJ_Matlock, are among those charged.

The influencers allegedly used social media to manipulate stocks.

Read more from Bloomberg.

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jfaught@regalplastic.com

Social Media is quickly becoming the downfall of the USA that I grew up respecting and loving. Too many people are too easily influenced with incorrect and damaging information from people that just like to stir crap.

Thursday, December 15, 2022
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