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Pump and dump (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors ...
Both books explore pump-and-dump schemes in some detail but, unlike Born to Steal, do not provide the real names of the specific firms and people described. This kind of fraud has also provided the title for a book by Robert H. Tillman and Michael L. Indergaard called Pump and Dump: The Rancid Rules of the New Economy.
A so-called "pump and dump" scheme is a way that unscrupulous investors manipulate markets to generate illegal profits. By making false or exaggerated claims about certain investments, these scam...
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Frank DiPascali Jr. (October 28, 1956 – May 7, 2015) was an American fraudster and financier who was a key lieutenant of Bernie Madoff for three decades. [1] [2] He referred to himself as the company's "director of options trading" and as "chief financial officer".
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: ĉçŞç), translated as killing pig game) [1] is a type of long-term scam, which usually but not always combines the various forms of romance scams and investment frauds, in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent ...
In the food industry of the United States, the food supply of which is the most diverse and abundant of any country in the world, loss occurs from the beginning of food production chain. [37] From planting, crops can be subjected to pest infestations and severe weather , [ 41 ] [ 42 ] which cause losses before harvest. [ 37 ]
Mixing of liquids occurs frequently in process engineering. The nature of liquids to blend determines the equipment used. Single-phase blending tends to involve low-shear, high-flow mixers to cause liquid engulfment, while multi-phase mixing generally requires the use of high-shear, low-flow mixers to create droplets of one liquid in laminar, turbulent or transitional flow regimes, depending ...