About the lesson

In this lesson you will:

• study: a text of ca. 710 words
• learn:
  • how power can be related to fraud
  • what kind of fraud is used by organized groups of people         
  • what fraudulent actions are likely to take place at stock exchanges
• study vocabulary:
  • 56 words and expressions useful in talking about illegal practices connected with finance
  • e.g.: short selling, inflating, pumping and dumping, collusions, crooks, extortion, protection racket scheme, cronyism, disseminating, share-hawking, pending, undue influence, gratuity, palm-greasing boiler rooms etc.
  • practise vocabulary in 4 units composed of 5 tasks each
  • complete approx. 280 questions during the whole lesson
• test your knowledge of the vocabulary studied

You might also be interested in other lessons in this section covering similar ground. The whole section is composed of the following:

1. FRAUD IN BUSINESS
2. LARGE SCALE FRAUD
3. EMPLOYEE FRAUD
4. FRAUD IN ACCOUNTING
5. MONEY LAUNDERING
6. ABUSIVE & FRAUDULENT LENDING
7. FRAUD IN CHEQUES & FINANCIAL DOCUMENTS
8. FRAUD ON THE INTERNET & THE LIKE