Tag: GameStops

The pump-and-dump schemes around the Reddit forum WallStreetBets made social trading attractive. It was perfectly foreseeable that scammers were pouncing on this social media powered trading approach. Reports that the already more than 7.8 million members have beaten the Wall Street pros and created billions in market valuation virtually out of thin air is tantalizing. Today, the FCA warned against the Copy Trade Capital and Premium Trade Capital broker scams, which attack consumers mainly in the UK.