As emerging markets become more developed, governments more transparent and government agencies more effective, stock fraud will become less rampant. Less Brazilian or Russian mining company, less stock fraud in Asian markets.
Will short selling fraudulent companies potentially become a less profitable strategy in the future?
| +38 | How much modeling do experienced HF analysts/PMs actually do? | 16 | 1d |
| +24 | Buy Side Credit - Seats / Guide | 11 | 2h |
| +18 | Hedge Fund Pivot | 7 | 1d |
| +18 | London buy side | 3 | 2d |
| +11 | Mid-career shift to buy side with niche background | 3 | 5d |
| +10 | What resources to push/ask PM for? | 3 | 6h |
| +8 | How old is too old? | 6 | 7h |
| +6 | Molecular Bio Researcher Interested in "research" at a hedge fund | 1 | 12h |
| +4 | Atlantic Wolf Capital Closing? | 8 | 21h |
| 0 | Walleye Capital | 1 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Stock fraud has a myriad of facets.
While some types of securities fraud may become more difficult to commit with new technologies and new regulations... there will always be somebody abusing whatever systems that currently exist, just as there will always be a novice, a neophyte, a sucker or someone just too fucking greedy that will get pulled into or create some variation of a stock scam, be it shady penny stocks, viatical settlements [this was huge in the 80s and 90s with people dying from AIDS and taking the cash value of their life insurance to pay for meds... I suspect this could return again what with the aging populations in the US and elsewhere], Ponzi schemes, pump n' dump, boiler rooms, prime bank programs and so on.
Just like the mindset that some people have had about counterfeit money, that if we were to go cashless, this would end counterfeit monies being made. Ok, so maybe now there's less counterfeit money BUT now there's more identity theft because the person's identity in a sense has become part of the currency used to make purchases in this day and age.
As long as there are crooked unethical people doing business, there will always be frauds and scams. The frauds and scams will simply change with the times, they won't be eliminated, alas.
Thanks for the response InfoDominatrix, I had not heard about viatical settlements.
Nihil accusantium quo expedita corrupti optio at. Eum nobis dolore perspiciatis.
Sapiente omnis exercitationem voluptas rem beatae et. Nisi modi sed aut accusantium error ut. Veritatis quo minima voluptate error sint sed. Laudantium quia est ut ut cumque explicabo et et. Consequuntur officiis et qui ipsa et repudiandae.
Expedita dignissimos sint et. Nisi praesentium exercitationem voluptate aut accusamus vero aut. Molestiae quisquam sint et aut. Voluptatem dolorem non at unde amet. Eum nam quo dolorem tempore quibusdam molestiae consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...