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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%.
A Ponzi scheme (/ ˈpɒnzi /, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1] Named after Italian businessman Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business ...
A&E Television Networks, LLC. A&E Television Networks, LLC, stylized as A+E NETWORKS, is an American multinational broadcasting company that is a 50–50 joint venture between Hearst Communications and The Walt Disney Company through its Entertainment division. The company owns several non-fiction and entertainment-based television brands ...
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The case settlement was approved in 2015 and Ticketmaster issued vouchers and discount codes to fans who purchased tickets online between 1999 and 2013. [ 77 ] [ 78 ] In a related case, Ticketmaster filed suit against its liability insurance carrier, Illinois Union Insurance Company, a subsidiary of ACE Limited , in 2010 for failing to aid in ...
NatWest Group PLC[1] is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom, its main subsidiary companies are National Westminster ...
The company slogan is "Sharing the World, Flying Together" (分享世界，比翼雙飛; Fēnxiǎng shìjiè, bǐyì shuāngfēi). Since its founding in 1989 as an affiliate of shipping conglomerate Evergreen Group, [ 8 ] EVA Air has expanded to include air cargo, airline catering, ground handling, and aviation engineering services. [ 6 ]
A counterfeit consumer good is a good —often of inferior quality—made or sold under another's brand name without the brand owner's authorization. The term counterfeit, fraudulent, and suspect items (CFSI) is also used to describe such goods. [2] Pirated goods are reproductions of copyrighted products used without permission, such as music ...