Scandals

Working Paper

Who Falls Prey to the Wolf of Wall Street? Investor Participation in Market Manipulation

Manipulative communications touting stocks are common in capital markets around the world. Although the price distortions created by so-called “pump-and-dump” schemes are well known, little is known about the investors in these frauds. By...Read more

Andreas Hackethal
Christian Leuz
Steffen Meyer
Maximilian Muhn
Eugene Soltes
15 April 2019

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