Imagine you have a deal with a friend who is a stock broker. You supply him with insider information to make trades. You give him your money and he makes trades on your behalf, and to conceal the deal, he trades Apple stock uniformly across all clients. He doesn't do anything that would make you stand out.
Or let's say his greed doesn't get the best of him and he doesn't invest anything but conservative sums of his own money in Apple stock using this information, and then, to launder kickbacks, you start a small company unrelated to investing that he pays for something intangible (like a "membership" or "retainer"), or he pays you cash.
I would find it difficult to believe that this sort of stuff isn't happening all over the place.
Imagine you have a deal with a friend who is a stock broker. You supply him with insider information to make trades. You give him your money and he makes trades on your behalf, and to conceal the deal, he trades Apple stock uniformly across all clients. He doesn't do anything that would make you stand out.
Or let's say his greed doesn't get the best of him and he doesn't invest anything but conservative sums of his own money in Apple stock using this information, and then, to launder kickbacks, you start a small company unrelated to investing that he pays for something intangible (like a "membership" or "retainer"), or he pays you cash.
I would find it difficult to believe that this sort of stuff isn't happening all over the place.