Exposing Share Fraud Tactics Targeting Swedish Small Savers

Sweden Review
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Arkivbild. Foto: Stina Stjernkvist/TT

Using sophisticated methods, fraudsters abroad have succeeded in defrauding thousands of Swedish small savers of large sums in so-called “pump and dump” schemes.

– What we see now is a new type of approach, which is controlled from abroad. That makes it more difficult to get to those responsible, says Björn Rygart, chamber commissioner at the Ecocrime Authority.

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