Scammers Strike On-Line Brokers

The Globe and Mail, Sinclair Stewart, 25 August 2006A number of Canadian investors cleaned out their on-line brokerage accounts this week and then dumped the proceeds into a group of obscure penny stocks, including one based in Vancouver. There was only one problem: They had no clue they were actually trading.Regulators and police are now scrambling to untangle a complex financial scam that has