Blog | G5 Cyber Security

Hong Kong businessman pleads guilty in stock spam case

Wai John Hui was the CEO of China World Trade, one of the companies whose stock was artificially inflated as a result of the scam. The 50-year-old businessman could face a sentence of between 63 and 78 months in jail. Hui is believed to have been part of a gang which included the notorious Alan Ralsky, who has claimed to be part of the notorious cybercrime gang that sent thousands of spam messages to Chinese companies in a bid to boost the stock market.”]

Source: https://grahamcluley.com/hong-kong-businessman-pleads-guilty-stock-spam-case/

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