I can definitely add to that story. ADVFN does ow
Post# of 43066
Posted On: 04/29/2014 12:55:36 PM
I can definitely add to that story. ADVFN does own IHub and, up until a couple of years ago, they also owned SiliconInvestor. Matt Brown started IHub and was in complete control. Mr. Brown controlled the content of IHub's message boards for the stocks he was pumping and orchestrated a number of pump and dump schemes to defraud IHub's subscribers and readers, selling into the hype he helped create. He ultimately was charged with fraud and went to jail for a year for that.
ADVFN's, which owned IHub, stance on Mr. Brown defrauding IHub's readers was that they considered it a personal problem of Mr. Brown's. They left him stay in control of all the message boards. Their level of concern about their readers being defrauded: None.
However ADVFN will also do what they can to sweep any information about how IHub defrauds their own subscribers under the rug. On SI, I had written a post about the about the criminal activity over on IHub. I was simultaneously banned from IHub and SI for that one post. Once SI changed hands, SI reinstated my account. I'm still banned from IHub.
However I don't think that JBI is being affected by IHub's policies or that IHub is responsible for trying to manipulate JBI. There are message deletions but they don't seem erratic. I see positive and negative posts about JBI being allowed to stand over there and that also seems to be the case on IHang.
ADVFN's, which owned IHub, stance on Mr. Brown defrauding IHub's readers was that they considered it a personal problem of Mr. Brown's. They left him stay in control of all the message boards. Their level of concern about their readers being defrauded: None.
However ADVFN will also do what they can to sweep any information about how IHub defrauds their own subscribers under the rug. On SI, I had written a post about the about the criminal activity over on IHub. I was simultaneously banned from IHub and SI for that one post. Once SI changed hands, SI reinstated my account. I'm still banned from IHub.
However I don't think that JBI is being affected by IHub's policies or that IHub is responsible for trying to manipulate JBI. There are message deletions but they don't seem erratic. I see positive and negative posts about JBI being allowed to stand over there and that also seems to be the case on IHang.
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