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Exit scam. An exit scam, is a confidence trick, con job or fraud, perpetuated under the guise of a legitimate business, that ends when the originator absconds with the funds contributed by participants. [1] When a business entity rug-pulls and stops shipping orders while receiving payment for new orders, it could take some time before it is ...
МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time. By different estimates from 5 to 40 million people lost up to $10 billion. The company started attracting money from private investors, promising annual returns of up to 1,000%.
Software development. Code review (sometimes referred to as peer review) is a software quality assurance activity in which one or more people check a program, mainly by viewing and reading parts of its source code, either after implementation or as an interruption of implementation. At least one of the persons must not have authored the code.
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The strip search phone call scam was a series of incidents, mostly occurring in rural areas of the United States, that extended over a period of at least ten years, starting in 1994. The incidents involved a man calling a restaurant or grocery store, claiming to be a police officer, and then convincing managers to conduct strip searches of ...
Snake oil is a term used to describe deceptive marketing, health care fraud, or a scam. Similarly, snake oil salesman is a common label used to describe someone who sells, promotes, or is a general proponent of some valueless or fraudulent cure, remedy, or solution. [1] The term comes from the "snake oil" that used to be sold as a cure-all ...
In the animal rights movement, cruelty-free is a label for products or activities that do not harm or kill animals anywhere in the world. Products tested on animals or made from animals are not considered cruelty-free, since these tests are often painful and cause the suffering and death of millions of animals every year.
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