Thomas and Alexander Hunter from Whitley Bay, near Newcastle, are said to have set up the fraud in 2007 when they were only 16 years old. The pair claimed to have used a sophisticated’stock-picking robot’ with deep analytic powers called ‘Marl’ that turned out not to exist. The teens, now 20, accepted fees from penny stock promoters for specific companies which they then recommended to investors through three newsletters, Doublingstocks.com, daytradingrobot.com and equitypromoter.com.”]