6. Define the following terms:
1. Pyramid scheme
2. Prime bank scheme
3. Advance fee fraud
4. Hedge fund fraud
5. Commodities fraud
6. Foreign exchange fraud
7. Broker embezzlement
8. Late-day trading
9. Phantom help
10. Bailout
11. Bait-and-switch

Answers

Answer 1

Pyramid scheme- A form of financial fraud when individuals pay to join a group in exchange for the ability to resell memberships to other individuals.

The terms listed below are defined as:Pyramid scheme - A pyramid scheme is a dishonest way to make money that relies on enlisting a growing number of "investors." Investors are attracted by the original promoters, who then bring in more investors, and so forth. Because there are more investors at each level, the system is referred to as a "pyramid."Prime bank scheme - A form of investment plan known as prime bank fraud guarantees extraordinarily high yields in a short amount of time. People assert that they have access to undiscovered financial items that they may purchase at a bargain and resell for a profit. These financial goods are made up in reality.Advance fee fraud - In order for the sale to proceed, investors are required to pay an upfront fee in advance of obtaining any proceeds, money, shares, or warrants. An item that will be reimbursed later such as a fee, tax, commission, or incidental expense may be used to indicate the advance payment.Hedge fund fraud - Fraud committed by hedge funds can take many various forms, including making exaggerated claims of high returns, stealing client money, using complex fee structures, concealing investment losses, and running Ponzi schemes.Commodities fraud - Commodities fraud refers to exchange members who do not register with the exchange, who conduct transactions solely for the goal of making money for the exchange member, who give clients incorrect or misleading information, or who steal money from customers.Foreign exchange fraud - Any trading plan used to scam traders by persuading them that they may expect to achieve a high profit by trading in the foreign currency market is known as foreign exchange fraud. According to Michael Dunn of the U.S. Commodity Futures Trading Commission, currency trading started to be used fraudulently more frequently around the beginning of 2008.Broker embezzlement - A sort of fraud known as embezzlement occurs when a person, such as a broker, legally acquires funds but later uses them for unwanted reasons.Late-day trading- It's against the law to record trades made after business hours as having been made before a mutual fund determines its daily net asset value (NAV).Phantom help- One of the most prevalent forms of mortgage and real estate fraud in California is the "phantom aid" scam. In the actual version of these scams, a victimizes gullible homeowners or buyers at a precarious time. However, phantom help scam charges can ensnare some honest company practices. Bailout - A bailout is when financial assistance is given to an organization or nation that might otherwise be in financial trouble.Bait-and-switch - A type of deception known as "bait-and-switch" is used in retail sales as well as other situations. They are initially "baited" by retailers that offer goods or services at a low price, but when buyers visit the store, they find that the advertised goods are not available, or the customers are urged by salespeople to consider similar, but more expensive items ("switching").

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Related Questions

Which is the correct order of processes a suspected criminal would encounter?

Answers

Answer: Chandler, Fletcher, and Volkow (2009) identified the criminal justice stages of entry, prosecution, adjudication, sentencing, corrections, and reentry. These stages trace offenders' movement through the criminal justice components from arrest, through court, to incarceration or community-supervision.

Explanation:

In the communication model discussed in the segment, the _____________ is the intended target of the message.

Answers

Answer:

Receiver

Explanation:

In the communication model discussed in the segment, the ___Receiver__ is the intended target of the message.

name and description of the career lawyer​

Answers

Lawyer/Attorney: A person who practices law and is fully licensed to practice law. A lawyer may conduct legal research, oversee paralegals, represent clients in court, draw up wills or contracts etc.

What are the three rights are people guaranteed according to the preamble?

Answers

Answer:

right to life, liberty, and the pursuit of happiness.

Explanation:

What is mean by “But if a government ever fails in its tasks to protect individual rights to alter or abolish it and create a new government based on whatever principles they think best”?

Answers

it's from the

declaration of independence

if the government doesnt act right

the people that created it

can change or get rid of it

government may not be acting right

if it tries to destroy

the peoples

life liberty happiness equality

its the original meaning behind the second amendment & other rights

ironically its such flexibility that has allowed

US Constitution to remain in place

where as in other countries

their Constitutions have been changed or destroyed many times

7. What is the most important civil right to you.
Explain your reasoning.

Answers

The most important civil right is Ultimate, on July 2, 1964, that intention turned into realized, as President Lyndon B. Johnson signed the Civil Rights Act of 1964. The law become meant to quit discrimination primarily based on race, color, faith, or national beginning and has often been called the maximum crucial U.S. law on civil rights considering Reconstruction (1865–seventy-seven).

A civil rights violation is any offense that happens as an end result or hazard of force against a victim via the offender on the idea of being a member of a covered class. as an example, a victim who's assaulted because of their race or sexual orientation. Violations can consist of injuries or even demise.

The Civil Rights Act of 1964 prohibits discrimination on the idea of race, color, faith, or countrywide origin. Provisions of this civil rights act forbade discrimination on the basis of intercourse, in addition to, race in hiring, promoting, and firing.

Civil liberties shield us from government strength. they're rooted inside the invoice of Rights, which limits the powers of the federal government. The government can not dispose of the freedoms mentioned inside the invoice of Rights, and any movement that encroaches on those liberties is illegal.

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How did Greek scientists change the way people viewed and understood the natural world around them??

help

Answers

Answer:

Greek scientists – mostly mathematicians, philosofers, biologist, physicists –changed the way people viewed and understood the natural world around them starting from the simple observation and measurement of the objetcts around them. After that, their observations arrived to experimentation and analysis.

Explanation:

Whose human rights are more important in this situation? Explain.
What options might Mr. Zimmerman have for addressing the problem of shoplifting in his store?

Answers

Mr. Zimmerman's human rights are important in this situation.

What are Human Rights?

Human rights are the basic rights and freedoms that belong to each and every person in the world, from birth until his/her death.

The parents believe that in this situation teens' human rights have been violated. Mr. Zimmerman says he is just trying to protect his own human rights and those of his other customers. Mr. Zimmerman says the increase in shoplifting has decreased his profits and that he may have to close the store if shoplifting continues at the same rate.

Therefore, Mr. Zimmerman's human rights are important in this situation.

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How does this quote relate to the concept of the "rule of law"?

Answers

Answer:

The power of the people is limited by law. No can do anything outside of their rights/power which is against the law and can induce harm in others. If people abuse their power, they deserve to be opposed.

Explanation:

Buoyant force in a sentence .

Answers

you seem very buoyant today! (happy)

or

you are very good at being buoyant in the water (floating)

which option best completes the diagram

Answers

Answer:

I do believe it's B

Explanation:

if you look at the other options they wouldn't fit into what is already in the boxes.

B would be the best option. If you want me explain please let me know.

Why is Capitalism better than Socialism and Communism?

Answers

Answer:

capitalism rewards individuals for success and progress by allowing them to grow that wealth through investment and other actions within the market.

does that help?

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