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Stocks are feet restraining devices that were used as a form of corporal punishment and public humiliation. The use of stocks is seen as early as Ancient Greece, where they are described as being in use in Solon 's law code. The law describing its use is cited by the orator Lysias: "'He shall have his or her foot confined in the stocks for five ...
The 17th-century perjurer Titus Oates in a pillory. The pillory is a device made of a wooden or metal framework erected on a post, with holes for securing the head and hands, used during the medieval and renaissance periods for punishment by public humiliation and often further physical abuse. [1] The pillory is related to the stocks.
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information. [1] [failed verification][2][3] The setups are generally made to result in monetary gain for the deceivers, and generally ...
Microcap stock fraud is a form of securities fraud involving stocks of "microcap" companies, generally defined in the United States as those with a market capitalization of under $250 million. Its prevalence has been estimated to run into the billions of dollars a year. [1] [2] [3] Many microcap stocks are penny stocks, which the SEC defines as ...
МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time. By different estimates from 5 to 40 million people lost up to $10 billion. The company started attracting money from private investors, promising annual returns of up to 1,000%.
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.
Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), [2] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. [3] Milken's compensation while head of the high-yield bond ...
Combs' staff would make sure to book and stock hotel rooms with the necessary supplies and would clean the room afterwards, while also resupplying Combs and delivering cash to the sex workers, the ...