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FINRA Issues Investor Alert, Messaging Apps Are Latest Platform for Delivering Pump-And-Dump Scams

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WASHINGTON--(BUSINESS WIRE)--The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called Messaging Apps Are Latest Platform for Delivering Pump-And-Dump Scams. FINRA’s new Alert warns investors to be wary of stock promotions sent through increasingly popular messaging apps such as WhatsApp. In recent weeks, WhatsApp users were flooded with text messages touting the stock of Avra, Inc. (OTC: AVRN). The messages touting this microcap stock appeared to be sent from indiv

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