The Securities Fraud Lawyers at Greco & Greco have been hearing more and more about criminal schemes involving securities account takeovers followed by criminals engaging in unauthorized trading to pump and dump the values of thinly traded stocks. These attacks often occur when bad actors gain unauthorized access to brokerage accounts through the exploitation of…
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In June of 2024 Scott Greco represented a client who received a FINRA arbitration award of her full damages, interest, and attorney’s fees against Interactive Brokers regarding an unauthorized money transfer from the client’s account. The case involved the unauthorized access of the Virginia customer’s online account by criminals who transferred funds without the customer’s…
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