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Scams
A confidence trick is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ..intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men') at the expense of their victims (the 'marks')". Terminology Synonyms include con, confidence game, confidence scheme, ripoff, scam, and stratagem. The perpetrator of a confidence trick (or "con trick") is often referred to as a confidence (or "con") man, con-artist, or a "grifter". The shell game dates back at least to Ancient Greece. Samuel Thompson (1821–1856) was the original "confidence man". Thompson was a clumsy swindler who asked his victims to express confidence in him by giving him money or their watch rather than gaining their confidenc ...
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Scam (other)
A scam or confidence trick is an attempt to defraud a person or group by gaining their confidence. Scam or Scams may also refer to: Arts, entertainment, and media Films * ''Scam'' (film), a 1993 American TV movie * ''The Scam'' (film), a 2009 South Korean film * ''The Scam Artist'', a 2004 American film Music * ''Scam'' (album), a 2000 album by the Screaming Jets * "Scam" (song), a 1994 song by Jamiroquai Television * "The Scam", a 1986 episode of the TV sitcom ''Gimme a Break!'' * "Scam 1992", a 2020 Indian series * ''Scams'' (TV series), a 2019 Japanese series Science and technology * SCAM – Parallel SCSI Configured Automatically * Superconducting camera * Scientific Certainty Argumentation Method Other uses * SCAM Spa, an Italian truck manufacturer * Soluble cell adhesion molecules (sCAM) * ''SCAM'' (zine), a punk rock culture publication See also * * Fraud * Hoax A hoax is a widely publicized falsehood so fashioned as to invite reflexive, unthinking ac ...
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Shill
A shill, also called a plant or a stooge, is a person who publicly helps or gives credibility to a person or organization without disclosing that they have a close relationship with said person or organization. Shills can carry out their operations in the areas of media, journalism, marketing, politics, sports, confidence games, cryptocurrency, or other business areas. A shill may also act to discredit opponents or critics of the person or organization in which they have a vested interest. In most uses, ''shill'' refers to someone who purposely gives onlookers, participants or "marks" the impression of an enthusiastic customer independent of the seller, marketer or con artist, for whom they are secretly working. The person or group in league with the shill relies on crowd psychology to encourage other onlookers or audience members to do business with the seller or accept the ideas they are promoting. Shills may be employed by salespeople and professional marketing campaigns. ''Pla ...
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Defraud
In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. Internal fraud, also known as "insider fraud", is fraud committed or attempted by someone within an organisation such as an employee. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victi ...
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Shell Game
The shell game (also known as thimblerig, three shells and a pea, the old army game) is often portrayed as a gambling game, but in reality, when a wager for money is made, it is almost always a confidence trick used to perpetrate fraud. In confidence trick slang, this swindle is referred to as a ''short-con'' because it is quick and easy to pull off. The shell game is related to the cups and balls conjuring trick, which is performed purely for entertainment purposes without any purported gambling element. Play In the shell game, three or more identical containers (which may be cups, shells, bottle caps, or anything else) are placed face-down on a surface. A small ball is placed beneath one of these containers so that it cannot be seen, and they are then shuffled by the operator in plain view. One or more players are invited to bet on which container holds the ball – typically, the operator offers to double the player's stake if they guess right. Where the game is played hones ...
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Confidence Game
''Confidence Game'' is a 2016 American thriller film written and directed by Deborah Twiss. The film stars Sean Young, Deborah Twiss, James McCaffrey, and Steve Stanulis with Stefano Da Fre and Robert Clohessy in supporting roles. Sylvie (Young) runs a crime ring on Long Island and violently manipulates her minions to exact a deep revenge on the notoriously unethical film producer David (McCaffrey). Cast * Sean Young as Sylvie * Deborah Twiss as Jessica * James McCaffrey as David * Steve Stanulis as Michael * Stefano Da Fre as Jingo * Robert Clohessy as Anthony * Brandon Tyler Jones as Carlos * Shing Ka as Corey * Bill Sorvino as Mack * Joe Pallister as Vinnie * Lawrence Whitener as Actor * Gaetano Sciortino as Jean Luc * Sydney McCann as Lola * José André Sibaja as Waiter * Jane Casserly as Ginger Porter * Bruce Hermann as Connor * Matthew McCann as Tommy * Drew Henriksen as Joey * Viktoria Tocca as Herself * Chase Hayden as Son * Marc Lebowitz as Amir Kreshing * S ...
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ...
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William Thompson (confidence Man)
William Thompson was an American criminal and con artist whose deceptions probably caused the term ''confidence man'' to be coined. Operating in New York City in the late 1840s, a genteelly dressed Thompson would approach an upper-class mark, pretending they knew each other, and begin a brief conversation. After initially gaining the mark's trust, Thompson would ask whether he had the confidence to lend Thompson his watch. Upon taking the watch, Thompson would depart, never returning the watch. Thompson used various aliases including Samuel Thompson, James Thompson, Samuel Thomas, Samuel Powel, Samuel Williams, William Evans, Samuel Willis, William Davis, and William Brown. Thompson was arrested and incarcerated in The Tombs in 1849. The '' New York Herald'', recalling his explicit appeals to the victim's "confidence", dubbed him the "confidence man". The Thompson case may have inspired Herman Melville's 1857 novel ''The Confidence-Man ''The Confidence-Man: His Masquerade'', ...
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New York Herald
The ''New York Herald'' was a large-distribution newspaper based in New York City that existed between 1835 and 1924. At that point it was acquired by its smaller rival the ''New-York Tribune'' to form the '' New York Herald Tribune''. History The first issue of the paper was published by James Gordon Bennett Sr., on May 6, 1835. The ''Herald'' distinguished itself from the partisan papers of the day by the policy that it published in its first issue: "We shall support no party—be the agent of no faction or coterie, and we care nothing for any election, or any candidate from president down to constable." Bennett pioneered the "extra" edition during the ''Heralds sensational coverage of the Robinson–Jewett murder case. By 1845, it was the most popular and profitable daily newspaper in the United States. In 1861, it circulated 84,000 copies and called itself "the most largely circulated journal in the world." Bennett stated that the function of a newspaper "is not to ...
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Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ...
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Greed (emotion)
Greed (or avarice) is an uncontrolled longing for increase in the acquisition or use of material gain (be it food, money, land, or animate/inanimate possessions); or social value, such as status, or power. Greed has been identified as undesirable throughout known human history because it creates behavior-conflict between personal and social goals. Nature of greed The initial motivation for (or purpose of) greed and actions associated with it may be the promotion of personal or family survival. It may at the same time be an intent to deny or obstruct competitors from potential means (for basic survival and comfort) or future opportunities; therefore being insidious or tyrannical and having a negative connotation. Alternately, the purpose could be defense or counteractive response to such obstructions being threatened by others. But regardless of purpose, ''greed'' intends to create an inequity of access or distribution to community wealth. Modern economic thought frequentl ...
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Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ...
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Corroboration
Corroborating evidence, also referred to as corroboration, is a type of evidence in law. Types and uses Corroborating evidence tends to support a proposition that is already supported by some initial evidence, therefore confirming the proposition. For example, W, a witness, testifies that she saw X drive his automobile into a green car. Meanwhile, Y, another witness, testifies that when he examined X's car, later that day, he noticed green paint on its fender. There can also be corroborating evidence related to a certain source, such as what makes an author think a certain way due to the evidence that was supplied by witnesses or objects.For more information on this type of reasoning, see: Casuistry. Another type of corroborating evidence comes from using the Baconian method, i.e., the method of agreement, method of difference, and method of concomitant variations. These methods are followed in experimental design. They were codified by Francis Bacon, and developed further ...
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