Consumer reviews and reports on scam companies, bad products and services
Sun Cal Energy SCEY ,Stock Symbol, This Pump and Dump was promoted by some who you might have thought of as respectable persons and news magazines.Ste
28th of Nov, 2011 by User279372
This scam started as E-mail solicitations from scam artists like Fraser,but then I being a member of Newsmax Magazine and always thought of them as ligit,also got a E-mail from them with Steve Forbes supposedly touting this stock to hit about $7.50 in 6 months to a year.That was about 1 1/2 years ago. The stock went from about $3.50 then to todays price(Nov.30,2011) of .0001 with the SEC suspending trading a couple of weeks ago.They have not filed a SEC report since 2009.They should have been investigated by the SEC at least a year ago,but you know that Wall St. is the only place you never have to worry about prosecution for fraud.This place is a license to steal and nothing will ever change.The SEC in my opinion should be eliminated and instead they should hire about 1,000 FBI agents to do the investigations and prosecutions.The SEC is a fraud in my opinion. aol.com
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