The Internet has made pump-and-dump schemes easier and more effective.

Name: The Internet has made pump-and-dump schemes easier and more effective.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Pump-and-dump schemes involve artificially inflating the price of a stock through false or misleading information in order to sell it at a higher profit. The internet has made it easier for scammers to spread this false information quickly and to a larger audience, thereby increasing the effectiveness of these schemes.

The Internet Has Made Pump-And-Dump Schemes Easier and More Effective