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On May 20, 2010, the SEC filed a federal case against Edward A. Allen and David L. Olson, two former brokers of World Financial Group / World Group Securities, accusing them of having raised approximately $14.8 million through the offer and sale of promissory notes as part of an illegal Ponzi scheme in the States of Ohio and Florida between ...
Save the Kids was a cryptocurrency token and pump and dump scheme launched in 2021, which was marketed as a charity token meant to give a percentage of the transaction fee to a Binance -operated charity. The token was widely publicized by YouTube personalities, including RiceGum and members of the FaZe Clan who were later removed, in the time ...
A Ponzi scheme ( / ˈpɒnzi /, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1] Named after Italian businessman Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business ...
A high quality random number generation (RNG) process is almost always required for security, and lack of quality generally provides attack vulnerabilities and so leads to lack of security, even to complete compromise, in cryptographic systems. [1] The RNG process is particularly attractive to attackers because it is typically a single isolated ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...
Raycom Media, Inc. was an American television broadcasting company based in Montgomery, Alabama. Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states. Raycom, through its Community Newspaper Holdings subsidiary, also owned multiple newspapers in small and medium-sized markets ...
A 2005 scientific review of international published studies of paternal discrepancy found a range in incidence, around the world, from 0.8% to 30% (median 3.7%). However, as many of the studies were conducted between the 1950s and the 1980s, numbers may be unreliable due to the inaccuracies of genetic testing methods and procedures used at the ...
The Warwick Castle water-powered generator house, used for the generation of electricity for the castle from 1894 until 1940 At the beginning of the 20th century, many small hydroelectric power stations were being constructed by commercial companies in mountains near metropolitan areas.