Search results
Results from the WOW.Com Content Network
One white-collar defense attorney told BI there were "routine" schemes that the wealthy "often endeavor out of sheer greed."
Illicit enrichment generally refers to a situation in which a person has enjoyed some sort of wealth that cannot or has not been justified as coming from a legitimate source of income. [1]
A get-rich-quick scheme is a plan to obtain high rates of return for a small investment. Most schemes create an impression that participants can obtain this high rate of return with little risk, skill, effort, or time. The term "get rich quick" has been used to describe shady investments since at least the early 20th century. [1] [2]
For premium support please call: 800-290-4726 more ways to reach us
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
For premium support please call: 800-290-4726 more ways to reach us
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, underground sex work, terrorism, corruption, embezzlement, and treason, and converting the funds into a seemingly legitimate source, usually through a front organization.
There is some advice that stands the test of time, and that is certainly what we can glean from one of the most successful investors in history -- Warren Buffett. Check Out: 5 Ways To Pick Your ...