Fraud victim advocacy, fraud recoginition and prevention education, and law enforcement support

fraud recognition & prevention education, fraud victim advocacy, law enforcement support

Fraud recognition & prevention education, fraud victim advocacy, law enforcement support

                    

Silence is fraud's best friend.  Word of mouth is fraud's worst enemy.  Pass the word!TM

 

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Fraud Secrets:

A Backstage Tour

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Why con artists scam

Profile of a con artist

What con artists look for

How con artists set up their victims

What a con artist won't tell you

What a con artist will tell you

Have I been scammed?

12 excuses for not returning your money

How do I find my money?

Where did my money go?

If you lost your funds in an investment scam, speak to your accountant about a theft deduction.

 

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Dealer:

 

: A person or firm that acts as a PRINCIPAL (another favorite title used in financial fraud, particularly in TRADE PROGRAMS), buying and selling from his own account for position and risk, as opposed to a broker, who acts as an agent for customers and is paid a commission.

Investment banks, and some commercial banks operating under the GLASS-STEAGALL ACT, trade using both positions which brought rise to the term broker-dealer.  One can especially see this in the Treasuries market.

: HIGH-YIELD INVESTMENT PROGRAM fraudsters would have you believe that they either personally carry on trading of bulk quantities of financial instruments at enormous profits, or that they are personally affiliated with a TRADER.  While individuals may engage in buying and selling from their own accounts, the returns are not those promised by fraudsters.  

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