The new pump and dumps
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The Rise and Fall of Pump and Dump Schemes
This chapter explores the troubling rise of 'pump and dump' schemes in the stock market, particularly targeting NASDAQ-listed companies. It examines the psychological manipulation employed by scammers, the devastating effects on victims, and the need for regulatory scrutiny in light of these modern financial scams. Additionally, the discussion highlights the historical evolution of these practices and the importance of skepticism in today's investment landscape.
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