PUMP AND DUMP SCAM
As mentioned, there are different types of online trading scams targeted towards traders and investors. One of the most common, yet easily disguised scams, is pump and dump fraud. This is where scammers disguise themselves as influencers or investors to create hype around stock or crypto, leading more people to invest in it and causing the value to increase. Once this happens, the scammers will then sell their shares, earning large amounts of money and leaving the rest of the investors with little to no returns once the stock inevitably plummets.