Get access to our best features
Get access to our best features
Published 2 years ago

SEC charges New Jersey deli owners, associate in alleged $100M deli scheme

Summary by Ground News
Three men have been charged by the Securities and Exchange Commission in a scheme that led to a $100 million valuation for a deli. The three men allegedly used Hometown International Inc. (OTCPK:HWIN) and a separate shell company, E-Waste Corp., to artificially inflate the price of both stocks. Shares of Hometown went from $1/share in October 2019 to nearly $14 per share by April 2021.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)