Rampant E-Mail Stock Fraud

When it comes to anonymous stock tips, it’s a “bull” market — in more ways than one. The kind of pump-and-dump stock scammers we last saw in the ‘90s are back. This time, they aren’t just going after little old ladies; they are even trying to defraud hedge fund managers. What’s the risk? How can you protect yourself? We’ll tell you the truth.

For as long as equities markets have existed, there have been “stock scams.” Or put more generally, ever since there have been rules, there have been people willing to.....