Reply To: Pacific Peak Capital Partners ltd (clone scam)

#155488
Avatar photoDoubtful.
Participant

I Spoke too soon.

Buy ANET at 155 to 160, that’s the highest it’s been…ever.

Then at 4 oclock a massive sell off

Short answer: this looks exactly like a pump-and-dump pattern and you should treat it as a possible scam. I’ll explain the evidence, what to do next (step-by-step), and how I can help you investigate further.

Why this looks like a pump-and-dump

Big, rapid price movement with no identifiable news + unusually high volume is a classic marker of coordinated buying then dumping. Arista showed large intraday swings and higher-than-normal volume over the days you mentioned (example: Oct 13 intraday range $162 → $145 and volume well above average).

Regulators and market bodies have recently warned that WhatsApp / social chat groups are being used to organise pump-and-dump schemes (promote a buy, get retail members to buy, then promoters sell). That’s exactly the behaviour you described.

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