National Inflation Association pump and dumps
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About National Inflation Association (NIA)
National Inflation Association runs a website called inflation.us. According to their website they claim they are an organization dedicated to preparing Americans for hyperinflation and helping Americans survive and prosper in the upcoming hyperinflationary crisis.
They try to create the image of legitimacy and professionalism. However, the site is actually set up as a type pump and dump operation. National Inflation Association typically recommends microcap stocks that trade on the NASDAQ with a low float. They will typically own a large position in a stock they are recommending and send out thousands of emails to their subscribers urging them to buy the stock they are recommending.
The National Inflation Association gained a huge following through a variety of their YouTube videos.
The National Inflation Association is run mainly by two stock promoters: Gerard Adams and Jonathan Lebed.
Both of these guys run other websites where they get compensated thousands of dollars for profiling small companies and sending emails to investors urging investors to buy shares in it.
Gerard Adams operates the website WallStreetGrand.com, an investor relations/stock promotion website that sends out stock alerts on penny stocks.
Jonathan Lebed also runs his own stock promotion site lebed.biz. Lebed gained national attention back in 2001 when the SEC accused him of fraudulently manipulating stocks in a pump and dump scheme when he was in his teens.
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