Loterre: SAGE: investment trust fraud

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investment trust fraud

Investment trust is a somewhat term misleading because it is the name for a type of company, and not the same as assets held for some particular use or administered for some special purpose. Investment trusts are not trusts formed by contracts in a written form as either inter vivos or “living trusts” created while the maker is still alive. [Source: Encyclopedia of White-Collar and Corporate Crime; Investment Trust Fraud]

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