a fraudster boosts the price of a stock based on false or misleading information and the sell the stock is…
a fraudster boosts the price of a stock based on false or misleading information and the sell the stock is an example of what type of scam?\nphishing scam\npump and dump\npyramid scheme\nirs scam
Answer
Brief Explanations:
A pump - and - dump scheme involves fraudsters artificially inflating (pumping) the price of a stock using false or misleading information and then selling (dumping) their shares at the inflated price. Phishing scams target personal information, pyramid schemes rely on recruitment of new members for money, and IRS scams are related to fake IRS communications.
Answer:
B. Pump And Dump