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Tag: hoax
SEC sues over alleged hoax Avon, Rocky Mountain bids
2015-06-04 20:04:00| Food - Topix.net
The U.S. Securities and Exchange Commission on Thursday accused a Bulgarian man and several other defendants of submitting bogus takeover bids for Avon Products Inc and two other companies to fraudulently drive up their share prices. The complaint against Nedko Nedev, a firm calling itself PTG Capital Partners and others was filed in Manhattan federal court three weeks after Avon shares shot up 20 percent in intraday trading on May 14, when PTG claimed to have offered to buy the cosmetics company for $18.75 per share, a 181 percent premium.
Avon shares seesaw amid bid hoax
2015-05-14 19:47:40| BBC News | Business | UK Edition
In a wild session of trading, shares of cosmetics firm Avon whipsaw after mysterious reports of a takeover offer.
Avon Calls Takeover Bid a Hoax
2015-05-14 18:00:00| Happi Breaking News
Officials say advanced hack was hoax in charging twin brothers
2015-04-02 03:29:47| Grocery - Topix.net
The cybersecurity expert and hacker claimed he created a sophisticated attack that allowed him to add unlimited funds to gift cards from major retailers - a security hole that could have resulted in huge losses for Starbucks, Kmart and Whole Foods Market. But the story the Springfield man told federal agents and The Washington Post last summer was a hoax that he concocted to cover a pedestrian scam, according to recently unsealed court documents.
Tags: advanced
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Schlumberger evacuates Houston-area facility, but bomb threat a hoax
2015-01-30 17:14:21| Oil & Gas - Topix.net
The bomb threat that caused Schlumberger Ltd. to evacuate a Houston-area facility on Jan. 29 turned out to be a hoax, according to several media reports. Schlumberger had evacuated its Rosharon facility south of Houston after a bomb threat was received around 1:15 p.m., the Houston Chronicle reported .
Tags: facility
threat
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hoax