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Report: #1069394

Complaint Review: Investors Hub - Internet

  • Submitted:
  • Updated:
  • Reported By: Alex Bowden — Mukwonago, Wisconsin
  • Author Not Confirmed What's this?
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  • Investors Hub Internet USA

Investors Hub IHUB, MATT BROWN CRIMINALS, SCAMMERS Internet

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From my observation, and in my opinion, Investors Hub has created a perfect venue for the free and open operation of criminal stock manipulators who seek to swindle independent low-price stock investors out of their money. Investors Hub (or IHub, as it's called) allows organized groups to take over individual stock forums or message boards. They become forum 'moderators' with the unique ability to delete the posts of others. These groups then act as an organized conspiracy to push forward a single agenda designed to promote the stock, with the intent to get people to buy shares and cause the price to move in the direction they want. This process is generally referred to as a 'Pump & Dump' scheme. As the stock price moves to an extreme level, this 'group' then cranks up the volume and increases the intensity, further touting the finer points with a relentless stream of exaggerations and distortions and outright lies; that is called 'The Pump'. While they are doing this they quietly sell out their own shares and take their profit; that is called 'The Dump'. Selling their while urging others to buy more shares is highly dishonest, unethical, and immoral!

This report was posted on Ripoff Report on 07/23/2013 12:09 PM and is a permanent record located here: https://www.ripoffreport.com/reports/investors-hub/internet/investors-hub-ihub-matt-brown-criminals-scammers-internet-1069394. 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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