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  • But in a settlement announced on Friday, the Securities and Exchange Commission casts Mr. Ruettiger in a far less heroic light—as a key participant in a so-called pump-and-dump stock scheme that generated more than $11 million in allegedly illicit profits for a now-defunct beverage company, Rudy Nutrition.

    SEC Tackles 'Rudy' in Fraud Case

  • ASSOCIATED PRESS Daniel 'Rudy' Ruettiger, pictured in 2005, whose experience as a Notre Dame football walk-on inspired the movie, settled SEC allegations that he took part in a pump-and-dump stock scheme.

    SEC Tackles 'Rudy' in Fraud Case

  • Deutsche Börse, which runs Germany's main markets for listing and trading stocks, is tightening practices in response to a "massive increase" in criminal activity, from "account phishing" attempts to pump-and-dump scams, according to a spokeswoman for the exchange company.

    Deutsche Börse Targets Fraud in Small-Stock Revamp

  • Alleged pump-and-dump operators in the past previously used fax blasts to multiple phone numbers or rumors on Internet chat boards to inflate the value of stocks.

    Texas Man Accused in 'Pump-And-Dump' Scheme

  • NEW YORK—A Texas man has been arrested for allegedly running a "pump-and-dump" scheme that used hackers and spam email to manipulate stock prices.

    Texas Man Accused in 'Pump-And-Dump' Scheme

  • "The defendant's pump-and-dump scheme artificially inflated stock prices before he sold off the shares, leaving honest investors holding worthless stock," Manhattan District Attorney Cyrus Vance Jr . said.

    Ex-Executive Convicted In $110M Securities Fraud

  • Moreover, Romney is the establishment personified -- a pump-and-dump takeover financier, for crying out loud -- at the very time the GOP and much of the rest of the country are becoming more anti-establishment by the day.

    Robert Reich: Why We May Be In Store for a Passionless Presidential Race

  • No matter how mad at banks we might be, we have got to leave them with a way to return to profitability that does not rely on speculative bubbles, pump-and-dump schemes, and accounting fraud.

    L. Randall Wray: QE2 Won't Save Our Sinking Ship

  • In particular, the SEC and FINRA are warning investors about the classic "pump-and-dump" practice.

    Opportunistic scam artists can be as slick as the oil spill

  • The pump-and-dump scam continues to work because unwary investors are quick to believe that they've found the next big stock hit, Gannon said.

    Opportunistic scam artists can be as slick as the oil spill


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