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Former tech exec admits to fraud involving a scheme to boost Getty Images shares, authorities say https://t.co/DWCg4GbXFb https://t.co/z8mG0ekcQb
Former tech exec admits to fraud involving a scheme to boost Getty Images shares, authorities say https://t.co/zaHWueMLAe
A Massachusetts man agreed to plead guilty to securities fraud for artificially inflating the stock price of Getty Images Holdings, including through a bogus $4 billion takeover bid for the visual media company, authorities said https://t.co/mPpv1NaaRf
Robert Scott Murray, a Massachusetts man and former CEO of Stream Global Services and 3Com, has been charged in connection with a securities fraud scheme. Authorities allege that Murray, along with others, including Trillium Capital, artificially inflated the trading price of Getty Images Holdings, Inc. through a bogus $4 billion takeover bid. The scheme, described as a pump-and-dump operation, aimed to deceive investors and manipulate the market. Murray has agreed to plead guilty to the charges.