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Entrepreneurs, Be Careful to Avoid Penny Stock Scams

The Startup Magazine

Mr. Walsh falsely claimed that Bre-X found a gold mine in Burma. Offshore Scams. Companies that operate outside of the United States do not register the shares that they are selling to investors. Penny stock scammers often use offshore scam for this reason. In the mid-1190s, the founder of Bre-X was David Walsh.

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