The emergence of text messaging offers fraudsters another cheap and easy way to reach large numbers of potential investors. Now more than ever, investors need to be vigilant about doing their homework before investing and taking the necessary steps to reduce the likelihood of falling prey to these scams.
More Quotes from John Gannon:
This is an age-old pump-and-dump scheme with a brand new disguise. Unfortunately, fraudsters are quick to exploit every new crisis or catastrophe to peddle their get-rich-quick scams to unsuspecting investors.John Gannon
We determined there were sufficient messages coming in that it needed to be brought to investors' attention.
John Gannon
I have a concern that density may not be as good a fit for Boise.
John Gannon
A terror attack in New Orleans . . . would have yielded exactly the same results. You wouldn't have had the wind, but you would have had the flooding, and you would have had the loss of life.
John Gannon
You don't control the key elements of the transaction, price or timing. It's not for someone who is investing for the short term.
John Gannon
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