Big fine for fake news story
A California man paid $25,000 to settle a civil complaint that he posted a fake news report to a Web site to profit by $350 on a stock trade, the Securities and Exchange Commission said, according to a CNN report. The man wrote and posted what looked like a Reuters story on a Yahoo! Finance message board.
Mar 13, 2004 | E-MAIL | SAVE | PRINT | PERMALINK | DISCUSS(0)
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