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:
“It is written, “My house shall be called a house of prayer”; but you are making it a den of robbers.”
—Bible: New Testament, Matthew 21:13.
Jesus.
“There exists, between people in love, a kind of capital held by each. This is not just a stock of affects or pleasure, but also the possibility of playing double or quits with the share you hold in the other’s heart.”
—Jean Baudrillard (b. 1929)