confidence trick

(redirected from Fraudulent investment scheme)
Also found in: Thesaurus.

confidence trick

or

confidence game

n
a swindle involving money, goods, etc, in which the victim's trust is won by the swindler. Informal shortened forms: con trick or con game (US and Canadian)

confidence trick

- First a swindle in which the victim was persuaded to entrust money or valuables to the swindler.
See also related terms for swindle.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.confidence trick - a swindle in which you cheat at gambling or persuade a person to buy worthless property
sting operation - a complicated confidence game planned and executed with great care (especially an operation implemented by undercover agents to apprehend criminals)
swindle, cheat, rig - the act of swindling by some fraudulent scheme; "that book is a fraud"
Translations

confidence trick

ntruffa
References in periodicals archive ?
Further evidence uncovered that all four companies demonstrated a lack of transparency, they were specifically incorporated to operate a fraudulent investment scheme and all four operated with a lack of commercial probity having failed to file accounts or provide accounting records to investigators.
M2 PRESSWIRE-September 2, 2019-: Court winds-up companies involved in fraudulent investment scheme
The Court of Federal Claims, rehearing a case remanded to it by the Court of Appeals for the Federal Circuit, held that taxpayers who were victims of a fraudulent investment scheme could not deduct a theft loss for 2004.
While this type of fraudulent investment scheme was not originally invented by Ponzi, it became so identified with him that it now is referred to as a Ponzi scheme.
An unsolicited sales pitch may be part of a fraudulent investment scheme. Cryptocurrency investment opportunities are promoted aggressively through social media.
The term "Ponzi scheme" returned to common usage when Bernie Madoff's fraudulent investment scheme was uncovered in 2008.
Smith insists that this is the essence of a Ponzi scheme, which is a fraudulent investment scheme that pays investors not out of profits but out of money paid in by later investors.
A fraudulent investment scheme in which money contributed by later investors generates artificially high dividends or returns for the original investors, whose example attracts even larger investments.
THE former chief executive of Peacocks is facing a pounds 3m court claim from his ex-wife over allegations he persuaded her to put money into a fraudulent investment scheme.
MUSCAT: Criminal Court has awarded 10 years in jail to two men for running a fraudulent investment scheme.
To make matters worse, White said Clay involved her "in a fraudulent investment scheme, borrowed and refused to repay approximately $60,000."