Online stock market manipulation schemes, or investment schemes involve attempts to manipulate securities prices on the market for the personal profit of the scammer. According to the United States Securities and Exchange Commission, the two main methods used by these criminals are "Pump-and-dump" and "Short-selling", or "scalping".
Read more about this topic: Internet Fraud
Famous quotes containing the words stock, market, manipulation and/or schemes:
“Death and life were not
Till man made up the whole,
Made lock, stock and barrel
Out of his bitter soul,”
—William Butler Yeats (18651939)
“When General Motors has to go to the bathroom ten times a day, the whole countrys ready to let go. You heard of that market crash in 29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, Whats General Motors got to be nervous about? Overproduction, I says. Collapse.”
—John Michael Hayes (b. 1919)
“The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words.”
—Philip K. Dick (19281982)
“Science is a dynamic undertaking directed to lowering the degree of the empiricism involved in solving problems; or, if you prefer, science is a process of fabricating a web of interconnected concepts and conceptual schemes arising from experiments and observations and fruitful of further experiments and observations.”
—James Conant (18931978)