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Subject: U.S. Markets

  • All that Glitters: Foster City Woman Slapped with SEC Suit Over Alleged Gold Mine Stock Scam

    Don't buy itAll you underpaid and unemployed folks trying to get by in today's bad economy can file this one away in the "Why Didn't I Think of That?" category. Don't worry -- most of us wouldn't believe we could successfully sell loads of fake stock in a non-existent Filipino gold-mining corporation. But according to Securities and Exchange Commission (SEC) officials, Foster City resident Elvira Gamboa, 57, did just that -- and made off with a nice pot of cash.Until now.On Friday, the SEC filed

    June 15, 2009