Archive for the 'Business :: Scams' Category
What is identity theft
Once you know What Is Identity Theft, you must make fully sure that you are not becoming a victim of it. Anyone can be a victim of identity theft in today’s times, and you have to always be on your guard. Being very secretive about your personally identifying information always helps. At least, you must be very protective about your sensitive financial information like credit card numbers, social security numbers, bank account numbers, driving license numbers and the various passwords you might be using for your online banking transactions.
Signs of Insider Trading
Another type of corporate fraud is the insider trading. Insider trade is the buying and selling of shares of the company by a person. Here the person is an insider and has access to vital and confidential information of the company. This information is generally publicly unknown. This gives him the advantage to sell the shares before a collapse. It also helps to buy the shares for a cheap rate and sell again. This is according to the inside news of the company. Enron was involved in this type of corporate fraud as well, and lately, theMerrill Lynch fraud.