How to Defraud People
Barclays has set aside £800 million to pay fines for being involved in rigging foreign exchange markets. In November, HSBC, Royal Bank of Scotland, UBS JP Morgan Chase, Citibank and Bank of America have all be fined for rigging foreign exchange markets. No one has gone to prison and the ill-gotten gains for these frauds cumulatively must exceed many billions of dollars. The lesson of this is obvious.
If you want to defraud people and not suffer any real penalty for doing so think big and try to steal a few pence from hundreds of millions of people, rather than thinking small and trying to steal larger amounts from fewer people.
It also helps to be a bank where your services and facilities are essential to the economies of the states in which you operate.
The rigging of markets, selling of fraudulent financial products and fraudulently misrepresenting products have been such a common feature of international financial institutions that it is no longer news that banks behave in ways that are crooked; what makes the news is that amounts have been set aside in their accounts for fines.
Thus it seems that if a bank embarks on a criminal enterprise the down side is merely the amount of the fine that it will have to pay, if caught. This does not apply to individuals who embark on similar behaviour. In the case of individuals their assets are seized and they go to prison, if caught.
Filed under: climate change Tagged: banking, banks, foreign exchange markets, fraud, justice, law
Source: https://robertkyriakides.wordpress.com/2015/04/29/how-to-defraud-people/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,707,193,238 |
| Stories: | 8,447,402 |
Whistler Blowers, Insiders
