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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.