What is another word for pump-and-dump scheme?
Pronunciation: [pˈʌmpanddˈʌmp skˈiːm] (IPA) 
The term "pump-and-dump scheme" is often used to describe a fraudulent stock market manipulation scheme where insiders artificially inflate the price of a stock by spreading false or highly exaggerated statements about the company. Once enough investors buy into the hype and the stock's price has climbed significantly, the insiders will "dump" their shares, causing the stock's value to plummet and leaving unsuspecting investors with significant losses.
Some synonyms for "pump-and-dump scheme" include market rigging, stock manipulation, securities fraud, or simply insider trading. These phrases all refer to illegal activities where those with insider knowledge or control over a company use their position to deceive and profit at the expense of innocent investors. It's essential for investors to be wary of any investment opportunity that appears too good to be true and to always do their due diligence before investing any money.
