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Report: #584463

Complaint Review: TheMarketFinancial.com, Michael Vlaicu - Internet Internet

  • Submitted:
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  • Reported By: Jason T. — United States of America
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  • TheMarketFinancial.com, Michael Vlaicu Unknown Internet United States of America

TheMarketFinancial.com, Michael Vlaicu StocksHaven.com, Market Mafia Alleged Stock Manipulation, Stock Scamming, Pump and Dump Scheme Internet

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It is my opinion, the individual or entity has been engaging in stock manipulation of several securities. I was duped into buying stock into one of their picks when I recieved an unsoliciated message about it a while ago. After I felt convinced it would be a good investment I purchased the security and it subsequently continued to decline in price. Since then, they have said they lost interest in the security and have moved on. For a while, I would see spams of them on Google Forums, and other online invesor forum portals. There are a few spammings that the individual's website is involved with some online group called: The Market Mafia which may or may not promote the securities while the website's owner dumps these securities into the market making a big profit on a artificially created demand. It seems the individual or entity creates a press release regarding a security then its affiliates will promote it on the Internet making it seem like a real news release with real interest. While other people buy these securities they sell their shares in a scheme to profit of manipulation. For a year or so, they operated as StocksHaven, StocksHaven Investments but now the website owner has rebranded the name as TheMarketFinancial.

This report was posted on Ripoff Report on 03/23/2010 10:09 AM and is a permanent record located here: https://www.ripoffreport.com/reports/themarketfinancialcom-michael-vlaicu/internet/themarketfinancialcom-michael-vlaicu-stockshavencom-market-mafia-alleged-stock-manipul-584463. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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