Wednesday, September 27, 2023
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Pump and Dump

The SEC accused Douglas Leighton, 51, of Boston, Bass Point Capital, Azure Capital Corp. and six other people of defrauding investors of $3.2 million in a pump-and-dump scheme involving a cannabis start-up company called MassRoots, in federal court.

BOSTON — The SEC brought a federal complaint accusing Douglas Leighton, 51, of Boston; Bass Point Capital; Azure Capital Corp. and six other people of defrauding investors of $3.2 million in a pump-and-dump scheme involving a cannabis start-up company called MassRoots.

Categories / Securities

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