Definitions
There is 1 meaning of the phrase
Pump-And-Dump Scheme.
Pump-And-Dump Scheme - as a noun
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
Example Sentences
"The Securities and Exchange Commission (SEC) cracked down on a major pump-and-dump scheme involving penny stocks."
"Investors lost millions of dollars in a pump-and-dump scheme orchestrated by a group of fraudsters."
"Law enforcement agencies are working together to investigate a pump-and-dump scheme that targeted unsuspecting investors."
"The mastermind behind a pump-and-dump scheme was sentenced to prison for securities fraud."
"A pump-and-dump scheme artificially inflates the price of a stock before the scammers sell their shares for a profit."
