This type of investment fraud occurs when a perpetrator coerces a victim to buy a portion of a company's stock wherein the perpetrator suddenly sells his/her own stock to cash in on the temporary rise.?
A) The 'up-and-down'
B) The 'in-and-out'
C) The 'pump-and-dump'
D) The 'one-and-done'

Question

Quizplus · Accepted Answer

This type of investment fraud is known as a 'pump-and-dump' scheme, where the perpetrator artificially inflates the price of a stock by spreading false or misleading information, and then sells their own stock to make a profit before the price falls back down.

This Type of Investment Fraud Occurs When a Perpetrator Coerces