It’s hard not to marvel at schemes when they’re so brazen. Former journalist Ross Dunkley hatched a fun one, using pseudonyms to post about ASX-listed gold miner Auric on the pump-and-dump website HotCopper.
Dunkley was Auric’s head of investor relations. He also used usernames “LENIN” and “GOLDATWIDGIE” to make sterling posts like “What a sexy little beast Auric is” and “I’m a newby here and I’ve just bought a sizeable package of Auric shares”. There were more than 300 posts like it.