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[152] [153] Telexfree was a multibillion-dollar Ponzi scheme desguised as an internet phone service company. Prosecutors have described it as the largest fraud of all time in terms of the number of people affected—more than 1 million, with victims in various countries. [152] In late 2014 OneCoin was launched.
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-dollar Ponzi scheme.
Columbia House was an umbrella brand for Columbia Records ' mail-order music clubs, the primary iteration of which was the Columbia Record Club, established in 1955. The Columbia House brand was introduced in the early 1970s by Columbia Records (a division of CBS, Inc. ), and had a significant market presence in the 1970s, 1980s and early 1990s.
Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation ...
U.S. Bancorp. U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. [ 4] It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. [ 5] The company provides banking, investment, mortgage, trust ...
Interior of the Pike Place Market location in 1977. Howard Schultz was chief executive from 1986 to 2000, and again from 2008 to 2017. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971, and is currently the world's largest coffeehouse chain .
E numbers, short for Europe numbers, are codes for substances used as food additives, including those found naturally in many foods, such as vitamin C, for use within the European Union (EU) [ 1]: 27 and European Free Trade Association (EFTA). [ 2] Commonly found on food labels, their safety assessment and approval are the responsibility of the ...
Libertarianism portal. United States portal. v. t. e. Avram Noam Chomsky ( / noʊm ˈtʃɒmski / ⓘ nohm CHOM-skee; born December 7, 1928) is an American professor and public intellectual known for his work in linguistics, political activism, and social criticism. Sometimes called "the father of modern linguistics", [ a] Chomsky is also a ...