• Home
    • Articles
    • Cayman penny stock broker Andrew McAlpine arrested in US for alleged fraud

    Cayman penny stock broker Andrew McAlpine arrested in US for alleged fraud

    Penny stock broker Andrew McAlpine, a Canadian living in the Cayman Islands, is in custody in the U.S. after being criminally indicted for securities fraud. He’s also one of 16 individual and corporate defendants accused of a $6M fraud “involving at least 20 penny stock companies” in a related SEC civil complaint.