The story I’m referring to is a stock market story, and it begins with a man named Morrie Tobin. Sensing the jig was up, Mr. Tobin flew to Boston a few weeks later, hoping to cut a deal. Mr. Tobin knew about Singer’s scheme because he reportedly participated in it, paying bribes to help his daughter get into Yale. Before the college admissions scam erupted, though, Mr. Tobin was allegedly running a scam of his own—involving an over-the-counter micro-cap stock by the name of CURE Pharmaceutical (ticker: CURR). To stoke buying interest, Mr. Tobin and his partners orchestrated a promotional campaign to inflate the stock price.

Source: Forbes April 11, 2019 20:55 UTC