So I understand they bought their own shares at wildly inflated prices so other people would buy at the same wildly inflated prices and they'd basically pocket the free money...
...but I don't get why those other people would do that, buy those shares at all? Why would this fraud even work at all? Who sees some OTC stock trading at some value and says, oh I'll buy a bunch at that price too, even though I don't know the first thing about this company at all?
Why does this scam work at all -- who falls for it? Or is there some step here that I'm missing?