pump-and-dump scheme Synonyms
No Synonyms and anytonyms found
pump-and-dump scheme Meaning
pump-and-dump scheme (n)
an illegal scheme for making money by manipulating stock prices; the schemer persuades other people to buy the stock and then sells it himself as soon as the price of the stock rises
pump-and-dump scheme Sentence Examples
- The Securities and Exchange Commission (SEC) cracked down on a pump-and-dump scheme that defrauded investors.
- Investors fell victim to a pump-and-dump scheme where the stock price was artificially inflated before being sold off by insiders.
- Pump-and-dump schemes involve artificially inflating the price of a stock through false or misleading statements to lure investors, followed by the quick sale of shares at a profit.
- The mastermind behind the pump-and-dump scheme manipulated the market by spreading false rumors about the company's prospects.
- Pump-and-dump schemes often target inexperienced investors who are easily influenced by hype and promises of quick profits.
- Authorities warned investors to be cautious of unsolicited investment advice, as it could be part of a pump-and-dump scheme.
- The perpetrators of the pump-and-dump scheme used social media and online forums to spread misinformation and artificially boost interest in the stock.
- Victims of the pump-and-dump scheme suffered significant financial losses when the stock price plummeted after the scheme was exposed.
- Pump-and-dump schemes are illegal and can result in severe penalties for those involved, including fines and imprisonment.
- Regulators work to detect and prosecute individuals and organizations engaged in pump-and-dump schemes to protect investors and maintain the integrity of financial markets.
FAQs About the word pump-and-dump scheme
an illegal scheme for making money by manipulating stock prices; the schemer persuades other people to buy the stock and then sells it himself as soon as the pr
No synonyms found.
No antonyms found.
The Securities and Exchange Commission (SEC) cracked down on a pump-and-dump scheme that defrauded investors.
Investors fell victim to a pump-and-dump scheme where the stock price was artificially inflated before being sold off by insiders.
Pump-and-dump schemes involve artificially inflating the price of a stock through false or misleading statements to lure investors, followed by the quick sale of shares at a profit.
The mastermind behind the pump-and-dump scheme manipulated the market by spreading false rumors about the company's prospects.
