Marcus L. Rowland (ffutures) wrote,
Marcus L. Rowland

Looking for a legal term

Is there a technical name for the type of fraud we see in the film / play The Producers? Specifically, overselling shares in the profits of some venture, then ensuring that the venture fails and there are no profits, so the overselling never becomes apparent?

The example I'll be using involves selling shares in the profit of a space expedition, then sabotaging the ship.
Tags: forgotten futures

  • Post a new comment


    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened