Wealth Within Logo

Menu

Chat Forum Pump & Dump Schemes on ASIC Radar

Dale Gillham, Chief Analyst and Head Trainer of Wealth Within

By Dale Gillham

General Advice Disclaimer

This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.


Download Episode

In this week’s podcast, Dale discusses how ASIC recently charged an individual for market manipulation after using social media chat forums to pump and dump stocks. ASIC has turned its attention to individuals using social media to either ramp up stocks or provide financial advice, as many individuals are falling victim to their poor advice or illegal profiteering.

Insights From Our Learning Centre

Dale Gillham's investment books: The bestselling book 'How to Beat the Managed Funds by 20%' and the award-winning book 'Accelerate Your Wealth'.
Investment Books

Learn the concepts as to how you can accelerate your wealth using simple DIY investment strategies that will enable you to take control of your investments. Bestselling author Dale Gillham shows you how to confidently build your own wealth-creation strategies in the stock market.

Browse Books

Or Browse By Topic

Beginners Guides
Gain more confidence and insights with these beginner’s guides to trading the share market.
Share Trading Tips
Learn top share trading tips to start investing in the stock market.
Investing & Wealth
Learn the golden rules to investing and wealth creation and improve the profits you take from the market.
Exchange Traded Funds
Learn about the risks of exchange traded funds and why investing in stocks directly is more profitable.
Leveraged Trading
Learn how to significantly increase your returns with leveraged trading.
Portfolio Management
Gain valuable insights into how to create a profitable portfolio through proper portfolio management.
Talking Wealth Podcast
Where we share tips and insights into trading and investing to help you become more profitable.
Market Reports
Join us each week as the team update you on what’s happening in the Australian market.
Stock Market Show
Join us every Tuesday evening as we stream the Australian Stock Market Show where we analyse the markets and answer your questions.
Share Market News
Listen as our expert team keep you to up to date with the latest share market news and reports, including their analysis on the stocks of interest each week.
Australian Stock Market Show
Join us every
Tuesday evening
Hosts of the Australian Stock Market Show