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Stock Generation
Stock Generation (SG) was a Ponzi scheme operated by SG Ltd. that operated on the Internet from 1998 to early 2000. Stock Generation allowed people to trade "virtual companies" using real money and promised unsustainably high returns on investment. History The website was established in January 1998 and was run from Dominica using a gambling license issued by the Caribbean country,"Money For Nothing" by Dan Brekke, '','' Issue 8.09, Sep 2000 and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in Germany and by Sarah Howe in the United States in the 1880s through the "Ladies' Deposit". Howe offered a solely female clientele an 8% monthly interest rate and then stole the money that the women ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominica
Dominica ( or ; Kalinago: ; french: Dominique; Dominican Creole French: ), officially the Commonwealth of Dominica, is an island country in the Caribbean. The capital, Roseau, is located on the western side of the island. It is geographically situated as part of the Windward Islands chain in the Lesser Antilles archipelago in the Caribbean Sea. Dominica's closest neighbours are two constituent territories of the European Union, the overseas departments of France, Guadeloupe to the northwest and Martinique to the south-southeast. Dominica comprises a land area of , and the highest point is Morne Diablotins, at in elevation. The population was 71,293 at the 2011 census. The island was settled by the Arawak arriving from South America in the fifth century. The Kalinago displaced the Arawak by the 15th century. Columbus is said to have passed the island on Sunday, 3 November 1493. It was later colonised by Europeans, predominantly by the French from the 1690s to 1763. The Frenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wired Magazine
''Wired'' (stylized as ''WIRED'') is a monthly American magazine, published in print and online magazine, online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has been in publication since March/April 1993. Several spin-offs have been launched, including ''Wired UK'', ''Wired Italia'', ''Wired Japan'', and ''Wired Germany''. From its beginning, the strongest influence on the magazine's editorial outlook came from founding editor and publisher Louis Rossetto. With founding creative director John Plunkett, Rossetto in 1991 assembled a 12-page prototype, nearly all of whose ideas were realized in the magazine's first several issues. In its earliest colophon (publishing), colophons, ''Wired'' credited Canadian media theorist Marshall McLuhan as its "patron saint". ''Wired'' went on to chronicle the evolution of digital technology and its impact on society. ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MMM (Ponzi Scheme)
МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 10 million people lost their savings. According to contemporary Western press reports, most investors were aware of the fraudulent nature of the scheme, but still hoped to profit from it by withdrawing money before it collapsed. In 2011, MMM re-opened as "MMM Global". History MMM was established in 1989 by Sergei Mavrodi, his brother Vyacheslav Mavrodi, and Olga Melnikova. The name of the company was taken from the first letters of the three founders' surnames. Initially, Mavrodi operated a network of computer-importing cooperatives. In January 1992, tax police accused MMM of tax evasion, leading to the collapse of MMM's internal bank, and causing the company to have difficulty obtaining financing to support its operations. Faced with difficulties in funding its foreign trade, the company switched to the financial sector. It offered A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Symes
Peter J. Symes (born 1957) is an Australian researcher into paper money. He is the author of many articles published in the ''International Bank Note Society Journal'' and of several books. From mid 2004 to mid 2006 and from mid 2008 to mid 2012 he was the president of the International Bank Note Society Notaphily is the study and collection of paper currency, and banknotes. A notaphilist is a collector of banknotes or paper money, particularly as a hobby. History It is believed that people have been collecting paper money for as long as it has .... (IBNS). From mid 2006 to mid 2008 and from mid 2012 to mid 2016 he was the immediate past president of the IBNS, which role mainly involves advising the current president. Books *1998: ''The Bank Notes of Katanga''. 85 pp.; illus. (b & w) Canberra: published by the author *1997: ''The Bank Notes of Yemen''. 180 pp.; illus. (b & w) Canberra: published by the authors (with Murray Hanewich & Keith Street). *1999: ''Kirkwood ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Court Of Appeals For The First Circuit
The United States Court of Appeals for the First Circuit (in case citations, 1st Cir.) is a federal court with appellate jurisdiction over the district courts in the following districts: * District of Maine * District of Massachusetts * District of New Hampshire * District of Puerto Rico * District of Rhode Island The court is based at the John Joseph Moakley Federal Courthouse in Boston, Massachusetts. Most sittings are held in Boston, where the court usually sits for one week most months of the year; in one of July or August, it takes a summer break and does not sit. The First Circuit also sits for one week each March and November at the Jose V. Toledo Federal Building and United States Courthouse in Old San Juan, Puerto Rico, and occasionally sits at other locations within the circuit. With six active judges and four active senior judges, the First Circuit has the fewest judges of any of the thirteen United States courts of appeals. Since retiring from the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Split
In finance, a reverse stock split or reverse split is a process by which shares of corporate stock are effectively merged to form a smaller number of proportionally more valuable shares. A reverse stock split is also called a stock merge. The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split. Typically, the exchange temporarily adds a "D" to the end of a ticker symbol during a reverse stock split. Sometimes a company may concurrently change its name. This is known as a name change and consolidation (i.e. using a different ticker symbol for the new shares). There is a stigma attached to doing a reverse stock split, as it underscores the fact that shares have declined in value, so it is not common an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delphi (online Service)
Delphi Forums is a U.S. online service provider and since the mid-1990s has been a community internet forum site. It started as a nationwide dialup service in 1983. Delphi Forums remains active as of 2022. History The company that became Delphi was founded by Wes Kussmaul as Kussmaul Encyclopedia in 1981 and featured an encyclopedia, e-mail, and a primitive chat. Newswires, bulletin boards and better chat were added in early 1982. Kussmaul recalled: Delphi was actually launched in October 1981, at Jerry Milden's Northeast Computer Show, as the Kussmaul Encyclopedia--the world's first commercially available computerized encyclopedia. (Frank Greenagle's Arête Encyclopedia was announced at about the same time, but you couldn't buy it until much later.) The Kussmaul Encyclopedia was actually a complete home computer system (your choice of Tandy Color Computer or Apple II) with a 300-bps modem that dialed up to a VAX computer hosting our online encyclopedia database. We sold the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Fraud
Internet fraud is a type of cybercrime fraud or deception which makes use of the Internet and could involve hiding of information or providing incorrect information for the purpose of tricking victims out of money, property, and inheritance. Internet fraud is not considered a single, distinctive crime but covers a range of illegal and illicit actions that are committed in cyberspace. It is, however, differentiated from theft since, in this case, the victim voluntarily and knowingly provides the information, money or property to the perpetrator. It is also distinguished by the way it involves temporally and spatially separated offenders. According to the FBI's 2017 Internet Crime Report, the Internet Crime Complaint Center (IC3) received about 300,000 complaints. Victims lost over $1.4 billion in online fraud in 2017. According to a study conducted by the Center for Strategic and International Studies (CSIS) and McAfee, cybercrime costs the global economy as much as $600 billion, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crime In Russia
Crime in Russia refers to the multivalent issues of organized crime, extensive political and police corruption, and all aspects of criminality at play in Russia. Violent crime has been on a decline in Russia. Violent crime in Siberia is much more apparent than in Western Russia. Crime by type Murder In 2016, the murder rate in Russia was 7 per 100,000 people, according to Rosstat (the Russian Federal State Statistics Service). According to the United Nations Office on Drugs and Crime (UNODC), the homicide rate was 7.3 in 2020 compared to 10.9 in 2016, a significant decrease over the previous 20 years (in 2000, the homicide rate was 28.1), and only slightly higher than the United States (6.3). In 2017, Moscow recorded the lowest crime rate in over a decade. At the beginning of the 20th century, Russia had a higher homicide rate – nearly ten per 100,000 people per year. In the late 1950s and early 1960s, the rate remained stable and it was lower than in the United States. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Websites
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
