Tag: Ostin Technology Group Co

U.S. DOJ Unseals $100M “Pump‑and‑Dump” Indictment Tied to NASDAQ‑Listed Chinese Tech Issuer OST

The U.S. DOJ unsealed an indictment in the Eastern District of Virginia charging Lai Kui Sen, co‑CEO of Ostin Technology Group Co. Ltd. (NASDAQ: OST), and Yan Zhao (aka “Hank Shi/Hank Shu”), a financial advisor, with orchestrating a $100+ million securities fraud scheme that targeted U.S. retail investors between April–June 2025.