. Pump-and-Dump Schemes: Definitions, How They’re Illegal, and Types Is pump and dump illegal in UK? Pump and dump is a type of securities fraud that involves artificially inflating the price of an asset through false and misleading positive statements, in order to sell the asset at an inflated price. This type of fraud is … Read more
An injunction is a legal order issued by a court that requires a person to do or refrain from doing a specific action. Injunctions are typically used to protect a person’s rights or property from harm. What happens if I breach an injunction? If you breach an injunction, you may be held in contempt of … Read more
Kiting is a type of banking fraud that involves writing bad checks or using stolen credit cards to obtain funds that are then used to pay off other debts. The perpetrator creates a “kite” by writing a check for more than they have in their account, using the funds from the check to pay off … Read more
Double dipping is a term used to describe a type of fraud where an individual or company will attempt to claim two or more separate benefits or payments for the same thing. For example, an individual might try to claim unemployment benefits and disability benefits at the same time, or a company might try to … Read more
A Questioned Document Investigation (QDI) is the scientific examination of handwriting, typewriting, hand printing, commercial printing, printing by hand-operated offset lithographic presses, photocopying, and computer generated documents to determine the genuineness of the writing, typewriting, hand printing, commercial printing, printing by hand-operated offset lithographic presses, photocopying, or computer generated document, or the identity of the … Read more
“Misappropriation theory” is a legal theory that can be used to prosecute someone for securities fraud. The theory is that if someone misappropriates (takes without permission) information that is not publicly known, and then uses that information to trade securities, they have committed fraud. The theory is based on the idea that misappropriated information gives … Read more
“Channel stuffing” is the illegal practice of inflating sales figures by shipping products to distributors or retailers that have not been ordered, and then pressuring them to buy the products. This is done in order to inflate the company’s sales figures, which can lead to increased stock prices and executive bonuses. Channel stuffing can also … Read more
Occupancy fraud is a type of fraud that occurs when a person misrepresentstheir occupancy status in order to obtain a benefit or advantage. This can include things like fraudulently obtaining a mortgage or rental agreement, or claiming to live in a certain area in order to qualify for certain benefits. There are many different ways … Read more
Self-dealing is a term used to describe a situation in which a person in a position of trust uses that position for personal gain. It can apply to many different types of relationships, including those between a trustee and beneficiary, a corporate officer and shareholder, or a government official and the public. Self-dealing is generally … Read more
Ivan Boesky is an American businessman who was convicted of insider trading in 1986. He was sentenced to three years in prison and fined $100 million. Boesky began his career as a stockbroker and eventually became a Wall Street arbitrageur. He became well-known for his aggressive takeover bids of public companies. In the 1980s, Boesky … Read more
