Thursday, June 1, 2023 | Back issues
Courthouse News Service Courthouse News Service

Pump & Dump

SAN DIEGO — Four Arizona men aided by a San Diego attorney made $865,000 in a pump and dump scheme involving a shell company, the SEC says; click headline to see the defendants.

Christopher D. Larson and Cameron F. Robb pumped the stock of the shell company, Crown Dynamics Corp., and Larson's nominees, Robert D. Jorgenson and Jason M. Schiprett, wired at least $865,000 to Larson's accounts and kept some of it, the SEC says. It says San Diego attorney Luke C. Zouvas acted as Crown's general counsel, and refused to testify to the SEC.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.