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It is a scam to inflate the stock price by posting constantly improving (fake) revenue numbers and reporting them at earnings calls and conferences. Not just th
by profbarnhouse 7y ago
It is a scam to inflate the stock price by posting constantly improving (fake) revenue numbers and reporting them at earnings calls and conferences. Not just the fees made by fake accounts but also signing auto loan customers for duplicative insurance, signing up for credit cards, etc.--all to show that more people are using their services and gain investor confidence.