what's market scam?

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2007-07-15 04:07:13 · 1 answers · asked by Anonymous in Business & Finance ➔ Small Business

1 answers

Well, a common stock market scam is the 'pump and dump' in which the scammer 'pumps' up the price by various means, and then 'dumps' the stock when the price rises due to increased sales of the stock. For more information, there are many resources on the web, I recommend looking up specific frauds/scams via the FBI website.

2007-07-15 09:04:14 · answer #1 · answered by Piggiepants 7 · 1⤊ 0⤋