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... > social science subjects > criminology and criminal justice > criminology > white-collar and corporate crime > financial and securities fraud > bond fraud
... > social science subjects > criminology and criminal justice > criminology > white-collar and corporate crime > scams and swindles > bond fraud

Preferred term

bond fraud  

Definition

  • BOND FRAUD involves the sale of stolen, fraudulent, or worthless United States securities. The Securities Act of 1933 defines a security as “any note, stock, treasury stock, security future, bond, collateral-trust certificate, or certificate of deposit.” The most common bond used to perpetrate fraud is the historical bond.Historical bonds, which were once valid securities of various American entities, are now worthless as securities and only collected and traded as historical memorabilia. [Source: Encyclopedia of White-Collar & Corporate Crime; Bond Fraud]

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

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