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In 2007 Stansberry and Pirate Investor LLC were convicted of stock fraud and was ordered to pay $1.5 million in restitution and civil penalties for disseminating false stock information and defrauding public investors through a financial newsletter.

See the related link for an SEC complaint filed about Porter Stansberry.

Always remember: if it sounds too good to be true, it probably is.

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14y ago

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