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
English language
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pump-and-dump scheme::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | contrivance, dodge, stratagem |
Examples of pump-and-dump scheme
pump-and-dump scheme
His pump-and-dump sports drink scheme is a less inspiring story.
From the forbes.com
Quit the pump and dump scheme.
From the forbes.com
It's a pump and dump scheme.
From the techcrunch.com
Well, the company was basically a pump and dump scheme, someone bailed them out, and they designed a keyboard called the Lapboard.
From the techcrunch.com
One method of regulating and restricting pump and dump manipulators, is to target the category of stocks most often associated with this scheme.
From the en.wikipedia.org
At least one critic has accused him of engaging in short and distort, a form of securities fraud which is a reversal of a pump and dump scheme.
From the en.wikipedia.org
Many investors in BLOAQ were likely the victims of a concerted scam to pump up the pennystock and then dump the inflated shares upon those duped by the scheme.
From the forbes.com
He settled a lawsuit with the Securities and Exchange Commission in 2004 over his alleged involvement in a pump-and-dump stock scheme and was ultimately required to pay $50,000.
From the businessweek.com
One major example of pump and dump would be with Enron, in which executives participated in an elaborate scheme that fooled even the most experienced analysts on Wall Street.
From the en.wikipedia.org
