The Securities and Exchange Commission filed a civil action against a Huntington Beach-based penny stock promoter, Songkram Roy Sahachaisere, and his company, InvestSource, Inc. for committing fraud while promoting stock of their clients through massive email campaigns.In its complaint filed in the United States District Court for the Central District of California, the SEC alleges that Sahachaisere, age 40, and InvestSource provide “investor relations services” by touting various penny stocks in its daily email newsletter, called the “Daily Digest,” and by posting company profiles on its website.
Posts Tagged ‘Email Campaigns’
SEC Charges Stock Promoter
July 11th, 2010
Before You Invest
Posted in Finance Fraud
Tags: 1933 Securities Act, Brokerage Accounts, Civil Monetary Penalties, Complaint Charges, Email Campaigns, Email Messages, Federal Securities Laws, Huntington Beach, Investor Relations Services, Penny Stock, Penny Stocks, Rule 10b, Sec Charges, Securities Act Of 1933, Securities And Exchange Commission, Securities Exchange Act, Securities Exchange Act Of 1934, States District Court, Stock Promoter, United States District
Comments OffWindows 7 hoopla brings spam and malware attacks – mxlogic.com – 23 Oct 09
October 28th, 2009
Before You Invest Cybercriminals hoping to profit from the hype over Microsoft’s Windows 7 have targeted spam email campaigns offering special deals on the new operating system, but these deals are likely traps for distributing malware.Security researchers at McAfee reported seeing a surge in Windows 7 related spam beginning in September, with subject lines such as “Microsoft Windows 7 special offers.” These messages have reached as high as 1.88 percent of all spam, McAfee said.”That might sound like a small number, but when you consider that daily spam volumes can reach 160 billion messages, it is not insignificant,” McAfee’s David Marcus said on the McAfee Labs Blog.Microsoft is warning customers not to be fooled by offers of pirated versions of Microsoft software and products, which could contain malware that can take over a victim’s PC and steal their personal data.On the Microsoft Malware Protection Center blog, the company said it has seen spikes in a Trojan called Win32/Bifrose which comes included in a pirated version of Windows Vista called Vista Black Edition.”So you see kids, illegal software is seldom free of all cost,” Microsoft’s Matt McCormack said in the post. “Chances are you’re paying for it in ways you didn’t consider
Posted in Finance Fraud
Tags: Bifrose, David Marcus, Email Campaigns, Hoopla, Hype, Illegal Software, Mcafee, Mccormack, Microsoft Malware, Microsoft Software, Microsoft Windows, New Operating System, Personal Data, S David, Security Researchers, Special Offers, Spikes, Subject Lines, Traps, Trojan
No Comments »

