House Stock Scam
The term bucket shop is now applied to any fraudulent stock-selling operation such as a boiler room, which has an undisclosed relationship with the company being promoted or undisclosed profit from the sale of house stock being promoted. A bucket shop promotes (via telephone or email) thinly traded or even fraudulent investments.
Read more about this topic: Bucket Shop (stock Market)
Famous quotes containing the words house and/or stock:
“This house was designed and constructed with the freedom of stroke of a foresters axe, without other compass and square than Nature uses.”
—Henry David Thoreau (18171862)
“I met a Californian who would
Talk Californiaa state so blessed
He said, in climate, none had ever died there
A natural death, and Vigilance Committees
Had had to organize to stock the graveyards
And vindicate the states humanity.”
—Robert Frost (18741963)