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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%.
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [ 1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...
Bernard Lawrence Madoff ( / ˈmeɪdɔːf / MAY-dawf; [ 2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [ 3][ 4] He was at one time chairman of the Nasdaq stock exchange. [ 5]
2G spectrum case. The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance (UPA) coalition government India were allegedly involved in [ 1] selling or allotting 122 2G spectrum licenses on conditions that provided an advantage to specific telecom operators. A.
Marathon. The marathon (from Greek Μαραθώνιος) is a long-distance foot race with a distance of 42.195 km (26 mi 385 yd), [ 1] usually run as a road race, but the distance can be covered on trail routes. The marathon can be completed by running or with a run/walk strategy.
Ten-codes, officially known as ten signals, are brevity codes used to represent common phrases in voice communication, particularly by US public safety officials and in citizens band (CB) radio transmissions. The police version of ten-codes is officially known as the APCO Project 14 Aural Brevity Code. [1]
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