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Vito's investment fund is not doing so well and there is mounting pressure to show results of growth in his fund. He decides to invest
Vito's investment fund is not doing so well and there is mounting pressure to show results of growth in his fund. He decides to invest in obscure penny stocks and started spreading over exaggerated news that the value of these penny stock companies will skyrocket. Vito plans to sell off the penny stocks once their value increases by 700%. What fraud scheme is Vito committing in this scenario? A.Pump and Dump B. Ponzi Scheme C. Salami Slicing D. Insider Trading
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