Concept information
Preferred term
investment trust fraud
Definition
- Investment trust is a somewhat term misleading because it is the name for a type of company, and not the same as assets held for some particular use or administered for some special purpose. Investment trusts are not trusts formed by contracts in a written form as either inter vivos or “living trusts” created while the maker is still alive. [Source: Encyclopedia of White-Collar and Corporate Crime; Investment Trust Fraud]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/investment_trust_fraud
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