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Preferred term

stock and securities fraud  

Definition

  • The term securities fraud covers a wide range of illegal activities but boils down to three areas: Ponzi schemes; insider trading; and marketing scams involving high-yield investment fraud, advance fee fraud, broker embezzlement, and late day trading. It is the third area that will be discussed here. [Source: Encyclopedia of White-Collar and Corporate Crime; Stock and Securities Fraud]

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URI

https://concepts.sagepub.com/social-science/concept/stock_and_securities_fraud

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