Pump & Dump

The revenue grew twenty percent. The growth was a warehouse no one was supposed to see.

A class action filed in New Jersey alleges ADMA Biologics inflated its 2025 revenue through channel stuffing and an undisclosed related-party distributor tied to its own vice chairman. In two trading days, the stock lost twenty-nine percent.

Latest
Pump & Dump

He said he was fighting the Party. He was fighting for the yacht.

Miles Guo built a movement, a media empire, and a coin. Prosecutors say he built them on the savings of Chinese immigrants who thought they were funding a revolution. On June 29, a federal judge sent him away for thirty years. His fans still came.

Pump & Dump

He sold them a movement. He bought a yacht and two mattresses.

A self-exiled Chinese billionaire built an anti-CCP movement online, took more than a billion dollars from the people who believed in it, and spent it on a yacht, a Ferrari, and a pair of $36,000 mattresses. On June 29, 2026, a Manhattan judge handed him thirty years.

Ponzi / Pyramid

The collateral was real. Until it wasn't. Then it was paper.

On June 24, 2026, Tricolor's former COO admitted he helped pledge the same car loans to multiple banks. The borrowers were Hispanic immigrants buying used cars. The shortfall was eight hundred million dollars.

Charisma Stocks

The deadline was the gun. The merger was the trigger.

Vadim Komissarov ran a SPAC into a deadline he could not afford to miss. To get the Lottery.com merger across the line, federal prosecutors say he helped manufacture revenue out of nothing. On June 24, 2026, a federal judge gave him three years.

The Daily Brief

The seminar room was the cashier's window. The chair was the trap.

Elena Ruiz · Jun 23

The fuel was the lie. The Bentley was the receipt.

Elena Ruiz · Jun 19

The cousin sent a text. The retired trader sent in the orders.

Mark Tell · Jun 15

The receivables grew. The growth did not. That gap is the case.

Mark Tell · Jun 11

The fee was ten times normal. That was the tell everyone agreed not to see.

Mark Tell · May 22

The accountant was the last one sentenced. The generators never existed.

Elena Ruiz · May 14

The L Bond looked like income. It was a mansion in Dallas.

Mark Tell · May 13

The man who told you the stock was uninvestible was already covering his short.

Mark Tell · May 11

The forged bank letter and the ten years it bought him

Elena Ruiz · May 8

The deal memo gets the conference room. The trade gets the burner phone.

Elena Ruiz · May 7

The Eight Percent Fund ran for thirty years. The math was always wrong.

Elena Ruiz · May 1

The word "resilience" was doing a lot of work for a very long time

Mark Tell · Apr 29
Daily at 6AM Eastern

See the pitch they're running today.

Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.

By subscribing you agree to receive the daily MarkTell digest. Free forever. Unsubscribe anytime.