Fri. Jul 5th, 2024

Insufferable Influencers Who Boasted of Making Millions Are Indicted<!-- wp:html --><p>The Daily Beast/Twitter/Instagram/YouTube</p> <p>If you’ve been getting your investment advice from “the #61 DJ on the planet,” you’ve been doing it wrong, according to the feds.</p> <p>Tom Cooperman, one-half of electronic music duo <a href="https://www.instagram.com/breathecarolina/">Breathe Carolina</a>, was one of eight influencers indicted Tuesday on charges of securities fraud for an alleged social media pump-and-dump scheme prosecutors say illegally funneled at least $114 million into the crew’s pockets.</p> <p>“We’re robbing fucking idiots of their money,” one of them crowed last year in a recorded conversation reviewed by investigators, <a href="https://www.documentcloud.org/documents/23460247-constantinescu-et-al">according to the indictment</a>, which was announced Wednesday by the U.S. Department of Justice.</p> <p><a href="https://www.thedailybeast.com/insufferable-twitter-stock-trading-influencers-who-boasted-of-making-millions-are-indicted?source=articles&via=rss">Read more at The Daily Beast.</a></p><!-- /wp:html -->

The Daily Beast/Twitter/Instagram/YouTube

If you’ve been getting your investment advice from “the #61 DJ on the planet,” you’ve been doing it wrong, according to the feds.

Tom Cooperman, one-half of electronic music duo Breathe Carolina, was one of eight influencers indicted Tuesday on charges of securities fraud for an alleged social media pump-and-dump scheme prosecutors say illegally funneled at least $114 million into the crew’s pockets.

“We’re robbing fucking idiots of their money,” one of them crowed last year in a recorded conversation reviewed by investigators, according to the indictment, which was announced Wednesday by the U.S. Department of Justice.

Read more at The Daily Beast.

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