Financial crimes

thumb|right|200px|A fake automated teller slot used to commit bank fraud upon bank patrons In law, fraud is intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to thwart the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may be an element of another civil or criminal wrong despite itself causing no loss of money, property, or legal right. The purpose of fra

market in which goods or services are traded illegally

U.S. federal law enforcement agency

trading of a public company's securities by individuals based on material, nonpublic information about the company

deliberate attempt to create artificial, false or misleading appearances with respect to the price of, or market for, a product, security or commodity

Wikinews Article

fund used to buffer illegitimate or corrupt income and expenditures

deliberate burning of money for effect

fraud involving complex methods for misusing or misdirecting funds, overstating revenues, understating expenses, overstating the value of corporate assets, or underreporting the existence of liabilities

market manipulation tactic which creates the illusion of demand

prohibitive financial transaction

attempts to obtain digital currencies by illegal means

legal concept

Hindenburg Research founder

circumstances where financial market investors have been unreasonably disadvantaged by insider dealing or market manipulation

Telexfree (stylized as TelexFREE), a trade name owned by Telexfree Inc., was a multibillion-dollar Ponzi scheme disguised as an internet phone service company. Prosecutors have described it as the largest fraud of all time in terms of the number of people affected - more than 1 million, with victims in various countries. The brand became best known for its operations in Brazil held by Ympactus Comercial Ltda after it was involved in an ongoing investigation and trial for operating a Ponzi scheme, and later for having its operations suspended in the US by SEC under the charges of operating a mu