The Real Jersey Shore

Investors beware!
Here's the situation.

In Operation “Shore Shells,” so-named because it involved fake (or shell) companies and began in the coastal area of southern New Jersey, a group of co-conspirators—CEOs, stock brokers, CPAs, financial advisors, attorneys, etc.—had been engaging in pump-and-dump and other schemes for years.
FBI — Stock Fraud - Press Room - Headline Archives 01-29-10