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* In an episode of ''Series/{{MASH}}'' Hawkeye discovers that Frank has been cheating enlisted men by betting on baseball games, the broadcasts of which are delayed until midday for the sake of the troops but Frank listens to the live broadcasts overnight. Hawkeye breaks into the radio feed (with Radar's help) and broadcasts a bogus game, which Frank then loses big time on.

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* In an episode of ''Series/{{MASH}}'' Hawkeye discovers that Frank has been cheating enlisted men by betting on baseball games, the games. The broadcasts of which these games are delayed until midday for the sake of the troops troops, but Frank listens to the live broadcasts overnight.the previous night. Hawkeye breaks into the radio feed (with Radar's help) and broadcasts a bogus game, which Frank then loses big time on.
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* Neal and Peter have to pull one in the ''WhiteCollar'' episode "The Dentist of Detroit". Several references to ''The Sting'' are made. It's even an off-track betting tale.

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* Neal and Peter have to pull one in the ''WhiteCollar'' ''Series/WhiteCollar'' episode "The Dentist of Detroit". Several references to ''The Sting'' are made. It's even an off-track betting tale.
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* Done in ''Radio/TheLivesOfHarryLime'' episode "Horse Play"; 20 years before ''TheSting''.

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* Done in ''Radio/TheLivesOfHarryLime'' episode "Horse Play"; 20 years before ''TheSting''.''Film/TheSting''.
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* The immortal "tootsie-frootsie ice cream" scene from ''[[MarxBrothers A Day At The Races]]''.

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* The immortal "tootsie-frootsie ice cream" scene from ''[[MarxBrothers A Day At The Races]]''.''Film/ADayAtTheRaces''.
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* An ElleryQueen short story has Ellery investigating a Reverse Pyramid Scheme.

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* An ElleryQueen Creator/ElleryQueen short story has Ellery investigating a Reverse Pyramid Scheme.

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Examples, even "well-known" ones, don't belong in trope descriptions


The ConMan and his crew represent that they can give access to advance information available to no one else, for a price. The off-track betting tale from ''TheSting'' was a Delayed Wire gag.

The kinds of information for sale differs; "advance" stock-price movement, "hacked" access to currency fluctuations, a "tip" on zoning regulations that will boost the price of real estate ... you get the picture. A key element of the tale (called the "hook") lies in convincing TheMark that he has a short window of opportunity to cash in, in a situation where he has all the control. Often the mark is steered toward "discovering" the illicit operation in such a way that he feels he can threaten to call in the police.

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The ConMan and his crew represent that they can give access to advance information available to no one else, for a price. The off-track betting tale from ''TheSting'' was a Delayed Wire gag.

The kinds of information for sale differs; "advance" stock-price movement, "hacked" access to currency fluctuations, a "tip" on zoning regulations that will boost the price of real estate ... you get the picture. A key element of the tale (called the "hook") lies in convincing TheMark that he has a short window of opportunity to cash in, in a situation where he has all the control. Often the mark is steered toward "discovering" the illicit operation in such a way that he feels he can threaten to call in the police.
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* In ''Theatre/TheGoldenApple'', Mr. Scylla persuades Ajax to bet the boys' return fares on the Manila hemp market, which his accomplice Mr. Charybdis (otherwise Hector) was pretending to have sold short. Of course, it turns out that hemp really is a bust and Mr. Charybdis has moved on to another commodity.

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* In ''Theatre/TheGoldenApple'', Mr. Scylla persuades Ajax to bet the boys' return fares on the Manila hemp market, which his accomplice Mr. Charybdis (otherwise Hector) was pretending to have sold short.short so as not to let anyone else in on a lucrative investment opportunity. Of course, it turns out that hemp really is a bust and Mr. Charybdis has moved on to another commodity.
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[[folder:Theatre]]
* In ''Theatre/TheGoldenApple'', Mr. Scylla persuades Ajax to bet the boys' return fares on the Manila hemp market, which his accomplice Mr. Charybdis (otherwise Hector) was pretending to have sold short. Of course, it turns out that hemp really is a bust and Mr. Charybdis has moved on to another commodity.
[[/folder]]
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* The end of ''Film/TradingPlaces''.

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* The end of ''Film/TradingPlaces''.''Film/TradingPlaces'', in which the Dukes are given a fake crop report that leads them to believe the Department of Agriculture will announce a shortage of oranges. The Dukes then go in big on frozen concentrated orange juice on the commodities market, with disastrous consequences for them, and untold riches for Winthorp and Valentine.
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* Used in an episode of ''TheRiches'', as are several other types of cons,

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* Used in an episode of ''TheRiches'', ''Series/TheRiches'', as are several other types of cons,
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* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games in the US are a favorite target.

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* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games in the US are a favorite target.
target. (See {{Rainmaking}} for details.)
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A variant is the Reverse Pyramid Scheme, where a large pool of potential marks are given predictions about events, and only those marks who have received correct predictions are retained. The pool dwindles to a small pool of marks who have received a stunningly accurate series of correct calls and are then offered one last prediction at an obscene price.

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A variant variant, crossed with {{Rainmaking}}, is the Reverse Pyramid Scheme, where a large pool of potential marks are given predictions about events, and only those marks who have received correct predictions are retained. The pool dwindles to a small pool of marks who have received a stunningly accurate series of correct calls and are then offered one last prediction at an obscene price.
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Added namespaces.


* ''TheSting'' has a horse racing variant.

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* ''TheSting'' ''Film/TheSting'' has a horse racing variant.



* ''TheGrifters'' uses this as a long con.
* The end of ''TradingPlaces''.
* ''WallStreet'' has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.

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* ''TheGrifters'' ''Film/TheGrifters'' uses this as a long con.
* The end of ''TradingPlaces''.
''Film/TradingPlaces''.
* ''WallStreet'' ''Film/WallStreet'' has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.
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* An episode of ''Series/{{Elementary}}'' had a former insider trader giving the computerised trading house that managed his blind trust an advantage by delaying the signal to their competitors by ''microseconds''.

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** On the other hand, some information about a business ''is'' illegal to use as the basis of a stock trade--but that's insider trading, which is not exactly a scam.



* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games are a favorite target.

to:

* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games in the US are a favorite target.
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* Done in the first series finale of ''{{Hustle}}'', which references ''The Sting'', then again in the first episode of fifth season.

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* Done in the first series finale of ''{{Hustle}}'', ''Series/{{Hustle}}'', which references ''The Sting'', then again in the first episode of fifth season.
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Series/FX:The Series —> FX The Series


* An inversion of this took place in an episode of ''Series/FX:TheSeries'', where Rollie delayed the transmission at the gambling house so he could find out the winner and relay the info to his father (a gambling addict who owed a lot of money), who would then bet on the horse and get out of debt.

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* An inversion of this took place in an episode of ''Series/FX:TheSeries'', ''Series/FXTheSeries'', where Rollie delayed the transmission at the gambling house so he could find out the winner and relay the info to his father (a gambling addict who owed a lot of money), who would then bet on the horse and get out of debt.
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Advance stock-price movement, "hacked" access to currency fluctuations, a "tip" on zoning regulations that will boost the price of real estate are all updates of the kinds of information for sale. A key element of the tale (called the "hook") lies in convincing TheMark that he has a short window of opportunity to cash in, in a situation where he has all the control. Often the mark is steered toward "discovering" the illicit operation in such a way that he feels he can threaten to call in the police.

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Advance The kinds of information for sale differs; "advance" stock-price movement, "hacked" access to currency fluctuations, a "tip" on zoning regulations that will boost the price of real estate are all updates of estate ... you get the kinds of information for sale. picture. A key element of the tale (called the "hook") lies in convincing TheMark that he has a short window of opportunity to cash in, in a situation where he has all the control. Often the mark is steered toward "discovering" the illicit operation in such a way that he feels he can threaten to call in the police.
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The ConMan and his crew represent that they can give access to advance information available to no one else, for a price. The off-track betting tale from ''TheSting'' was a DelayedWire gag.

to:

The ConMan and his crew represent that they can give access to advance information available to no one else, for a price. The off-track betting tale from ''TheSting'' was a DelayedWire Delayed Wire gag.
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Insider trading requires more than that. One has to have the information because one was in a position of trust; that is, one has to have been an insider. Just having a shorter fiber-optic cable it legal.


** Possessing real information in advance is called insider trading, and is illegal, but often very hard to prove.
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* ''MissionImpossible'' episode "The Money Machine" uses 'advance information' about a copper mine and a moved-up government deadline on a loan to reel in the mark.

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* ''MissionImpossible'' ''Series/MissionImpossible'' episode "The Money Machine" uses 'advance information' about a copper mine and a moved-up government deadline on a loan to reel in the mark.
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* An episode of ''Series/LasVegas'' ran around a similar scan. It involved delaying the satellite broadcast of East Coast football games and waiting until the last possible minute to enter the bet (and seeing who won).
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fixing


* An inversion of this took place in an episode of ''F/X: The Series'', where Rollie delayed the transmission at the gambling house so he could find out the winner and relay the info to his father (a gambling addict who owed a lot of money), who would then bet on the horse and get out of debt.
* ''The Dukes Of Hazzard'' had an episode involving a gambling operation like this. The Dukes turn the tables on them by Luke intercepting the phone call with the winner, giving the gambling house fake results and a disguised Daisy (wearing the most unflattering outfit she ever wore on the show) bet on the real winner.

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* An inversion of this took place in an episode of ''F/X: The Series'', ''Series/FX:TheSeries'', where Rollie delayed the transmission at the gambling house so he could find out the winner and relay the info to his father (a gambling addict who owed a lot of money), who would then bet on the horse and get out of debt.
* ''The Dukes Of Hazzard'' ''Series/TheDukesOfHazzard'' had an episode involving a gambling operation like this. The Dukes turn the tables on them by Luke intercepting the phone call with the winner, giving the gambling house fake results and a disguised Daisy (wearing the most unflattering outfit she ever wore on the show) bet on the real winner.
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* TruthInTelevision ! Those who can act on changing market conditions first hold an advantage over those who get the word later and allows the first movers to profit from arbitrage. Advances in communications like carrier pigeons, stock tickets and telephones would provide sizable profits to early adopters in the finance industry. Currently companies are battling over who can build the shortest fiber option line between the commodities markets in Chicago and the Stock Exchanges in New York as a time advantage of even a few milliseconds can generate substantial profits.
** Though this is not a scam. It is simply a competitive advantage.

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* TruthInTelevision ! TruthInTelevision! Those who can act on changing market conditions first hold an advantage over those who get the word later and allows the first movers to profit from arbitrage. Advances in communications like carrier pigeons, stock tickets and telephones would provide sizable profits to early adopters in the finance industry. Currently companies are battling over who can build the shortest fiber option line between the commodities markets in Chicago and the Stock Exchanges in New York as a time advantage of even a few milliseconds can generate substantial profits.
** Though this is not a scam. It is simply a competitive advantage.advantage, regulators have been trying to ban high-frequency trading (computer automated trades that can detect minute fluctuation in the market and buy/sell stocks within milliseconds) for years now.
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* WallStreet has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.

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* WallStreet ''WallStreet'' has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.



* MissionImpossible episode "The Money Machine" uses 'advance information' about a copper mine and a moved-up government deadline on a loan to reel in the mark.

to:

* MissionImpossible ''MissionImpossible'' episode "The Money Machine" uses 'advance information' about a copper mine and a moved-up government deadline on a loan to reel in the mark.

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* WallStreet has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.




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** Though this is not a scam. It is simply a competitive advantage.
** Possessing real information in advance is called insider trading, and is illegal, but often very hard to prove.
* A common variant is posting on common sites about stocks and trading based on the information you are putting out there. This can happen through TV shows, podcasts, and even internet forums. Of course, since so many are receiving the same information (often of dubious quality) and act on it, the prediction becomes self-fulfilling.
** TheMotleyFool podcast includes a disclaimer that its panel guests may own or have interests in companies they talk about. So at least they put it out in the open.
* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games are a favorite target.
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* TurthInTelevision! Those who can act on changing market conditions first hold an advantage over those who get the word later and allows the first movers to profit from arbitrage. Advances in communications like carrier pigeons, stock tickets and telephones would provide sizable profits to early adopters in the finance industry. Currently companies are battling over who can build the shortest fiber option line between the commodities markets in Chicago and the Stock Exchanges in New York as a time advantage of even a few milliseconds can generate substantial profits.

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* TurthInTelevision! TruthInTelevision ! Those who can act on changing market conditions first hold an advantage over those who get the word later and allows the first movers to profit from arbitrage. Advances in communications like carrier pigeons, stock tickets and telephones would provide sizable profits to early adopters in the finance industry. Currently companies are battling over who can build the shortest fiber option line between the commodities markets in Chicago and the Stock Exchanges in New York as a time advantage of even a few milliseconds can generate substantial profits.

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[[folder:Real Life]]
* TurthInTelevision! Those who can act on changing market conditions first hold an advantage over those who get the word later and allows the first movers to profit from arbitrage. Advances in communications like carrier pigeons, stock tickets and telephones would provide sizable profits to early adopters in the finance industry. Currently companies are battling over who can build the shortest fiber option line between the commodities markets in Chicago and the Stock Exchanges in New York as a time advantage of even a few milliseconds can generate substantial profits.

[[/folder]]

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addition

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* An inversion of this took place in an episode of ''F/X: The Series'', where Rollie delayed the transmission at the gambling house so he could find out the winner and relay the info to his father (a gambling addict who owed a lot of money), who would then bet on the horse and get out of debt.
* ''The Dukes Of Hazzard'' had an episode involving a gambling operation like this. The Dukes turn the tables on them by Luke intercepting the phone call with the winner, giving the gambling house fake results and a disguised Daisy (wearing the most unflattering outfit she ever wore on the show) bet on the real winner.

Changed: 55

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word cruft and retired markup


* ''Literature/{{The Count of Monte Cristo}}'' uses an early wire scheme to bankrupt his enemy Danglars - making this one {{Older Than Radio}}.

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* OlderThanRadio: ''Literature/{{The Count of Monte Cristo}}'' uses an early wire scheme to bankrupt his enemy Danglars - making this one {{Older Than Radio}}.Danglars.



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