FAQs tagged as

Financial Crime

  1. What's the difference between legal defalcation and illegal defalcation?

  2. What was the Mahonia company and why did it become the subject of a lawsuit?

  3. What are the dangers of using the Electronic Federal Tax Payment System (EFTPS)?

  4. Excessive trading is:

  5. What is the difference between a Ponzi and a pyramid scheme?

  6. Under the USA, there are antifraud provisions that apply to securities. Which of ...

  7. Who was the first person charged by the SEC?

  8. Who was the youngest CEO to be indicted for securities fraud?

  9. What did Knight Trading Group do to incur a $1.5 million fine for violating trading ...

  10. What does churning mean?

  11. How did corporate ownership almost lead to the ruin of Adelphia in 2002?

  12. What is a "phishing scam" and how can they be avoided?

  13. Why did the Department of Justice launch an inquiry into the sale of ImClone shares ...

  14. Why did Tyco's financial statements attract the SEC's attention in 2002?

  15. According to the U.S., prohibited conduct of an investment advisor is defined as:

  16. Why is a "hockey stick bid" considered fraudulent?

  17. How did Peter Young gain infamy as a "rogue trader"?

  18. What is leakage?

  19. What is the salad oil scandal?

  20. How did Joseph Jett cause Kidder, Peabody & Co. to lose over $350 million?

  21. How did derivatives trader Nick Leeson contribute to the fall of Barings Bank?

  22. How did currency trader John Rusnak hide $691 million in losses before being caught ...

  23. What is the doctor advisory scam?

  24. How does a pump and dump scam work?

  25. Who was Parker Dozhier and why was he called a "bag man"?

  26. What happens to the fines collected by the Securities and Exchange Commission?

  27. Do traders, market makers, specialists or others ever deliberately drive a stock's ...

  28. What is options backdating?

  29. How can unethical executives use options backdating to evade taxes?

  30. What is a boiler room operation?

  31. What exactly is insider trading?

  32. What was "Operation Wooden Nickel"?

  33. Who is Mr. Copper?

  34. What was the Whitewater scandal?

  35. What is the "squawk box scandal"?

  36. What is Ginzy trading?

  37. What are goldbrick shares?

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