What to Read Next

Pamela Anderson 'duped' into fronting stock scam ad

ANI
16 February 2013

London, Feb. 16 (ANI): Pamela Anderson was conned into promoting a massive stock manipulation scam that defrauded 20,000 investors out of 30 million dollars.

Los Angeles police have arrested 14 people for fraudulently pumping up the share prices with slick marketing campaigns, including one that was fronted by the 45-year-old actress, the Independent reported.

The California attorney's office said in a statement that the suspects are alleged to have bought shares in publicly traded business then pumped up the share price with "slick market campaigns, slick press releases, payments to stock prompters and cross trading," which involved buying and selling shares amongst themselves.

Then, using their marketing to lure in investors, they are alleged to have dumped the stock onto unsuspecting buyers, thus making big profits.

One of the stocks in question was reported to be of a company called frogads.com, which was promoted in a commercial by Anderson.

However, Anderson herself is not suspected of any wrongdoing. (ANI)

How to file your taxes right now for $0

It's simple: file your taxes with TurboTax Federal Free Edition and you'll pay $0 for Fed, $0 for State and $0 to File. No tax knowledge needed!

VA Mortgage Rates In 2016

VA Rates as Low as 2.75% (3.028% APR) 15 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Banks Are Worried Homeowners Will Do This.

Homeowners are surprised and furious. If you owe less than $625,000 on your home, you better read this.

You Deserve Better Auto Insurance

Over 50? Get rewarded for your driving experience! You could save $420* on auto insurance with The Hartford.

How Much Could Drivers Actually Save By Comparing?

EverQuote's simple online tool allows drivers to identify the best rates for them. Find out how much you could be saving on auto insurance.

New Townhomes in Frederickburg

Ready to buy your first home? THIS is the place for you–pool, clubhouse, affordability – all in a terrific location – Rappahannock Landing!

Read This Before You Buy Medigap Plan F

Plan F is the most popular Medicare Supplement plan, but there's another Medigap option you should consider.

Compare rates. Save big.

We'll compare rates so you have more time for important things… like cats.

Hilton HHonors™ Card

Earn 40,000 Hilton HHonors™ Bonus Points. Apply for Your Card Today.

Walden University - For Working Professionals

Pursue Your Advanced Degree Without Leaving The Workforce. Classes Start Soon. Request Free Information!

Best Balance Transfer Credit Cards of 2016

Banks are offering 0% APR for up to 15 months right now. Don't pay interest on your purchases and transfer a balance today. Apply securely here.

What's Behind an Allergy Attack and How to Stop it

Allergy attacks are your body's way of defending you against what it considers dangerous invaders. See what's behind all that sneezing and sniffling.

Consolidate your Student Loans by Refinancing

Refinance your student loans to a lower rate with SoFi. Find out how much you can save!

Drive part-time, full-time, or anytime with Uber!

As an Uber independent contractor you can get paid to drive your own car! We connect you with riders, and you work when you want to.