Perp Walk

Dictionary Says

Definition of 'Perp Walk'

A slang term describing the police action of parading an arrested suspect in handcuffs before the media.
Investopedia Says

Investopedia explains 'Perp Walk'

Short for "perpetrator walk," this is a practice with which many people disagree, considering these re-staged arrests to be merely media spectacles that violate the suspects' rights. Both former head of Adelphia, 78-year-old John Rigas, and ex-WorldCom CFO Scott Sullivan turned themselves in when they were being investigated. Despite their requests, law enforcement still invited the media to watch the former executives being handcuffed and hauled in.

Related Definitions

  • Blue Sky Laws

    State regulations designed to protect investors against securities fraud by requiring sellers of new issues to register their offerings and provide financial details. This allows ...
    Read More »
  • Boiler Room

    A place where high-pressure salespeople use banks of telephones to call lists of potential investors (known as a "sucker lists") in order to peddle speculative, even fraudulent, ...
    Read More »
  • Bucketing

    A situation where, in an attempt to make a short-term profit, a broker confirms an order to a client without actually executing it. A brokerage which engages in unscrupulous activities, ...
    Read More »
    • Bucket Shop

      1. A fraudulent brokerage firm that uses aggressive telephone sales tactics to sell securities that the brokerage owns and wants to get rid of. The securities they sell are typically ...
      Read More »
    • Churning

      1. An unethical practice employed by some brokers to increase their commissions by excessively trading in a client's account. This practice violates the NASD Fair Practice Rules. It is ...
      Read More »
    • Circular Trading

      A fraudulent trading scheme where sell orders are entered by a broker who knows that offsetting buy orders, the same number of shares at the same time and at the same price, either have ...
      Read More »
    • Front Running

      The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients have been given the information.
      Read More »
    • Over-The-Counter - OTC

      A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" can be used to refer to stocks that trade via a dealer ...
      Read More »
    • Poop And Scoop

      A highly illegal practice occurring mainly on the internet. A small group of informed people attempt to push down a stock by spreading false information and rumors. If they are ...
      Read More »
    • Pump And Dump

      A scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already ...
      Read More »
    • Securities And Exchange Commission - SEC

      A government commission created by Congress to regulate the securities markets and protect investors. In addition to regulation and protection, it also monitors the corporate takeovers ...
      Read More »

Articles Of Interest

Partner Links