Please provide answers with examples by Usic https://padlet.com/usictech/q1koae36wyk211ft Definition Current statistics in the UK/US/ any other chosen country Damages Solutions en-us 2022-03-16 12:44:25 UTC 2022-03-16 13:40:43 UTC hello@padlet.com Group 1 yhuang162 https://padlet.com/usictech/q1koae36wyk211ft/wish/2098011417 1. manipulate the stock market
Definition: a stock exchange, Market manipulation is when someone artificially affects the supply or demand for a security (for example, causing stock prices to rise or to fall dramatically).

Current statistics in the US: He used daily reported crime data from 2,700 law enforcement agencies across the United States between 1991 and 2015. That 25-year period encompasses periods of ups and downs for investors and the U.S. economy in general.

Damages:  Most manipulation cases involve a “pump-and-dump” trading strategy and stabilization operations. Pump-and-dump manipulations lead to high temporary price impacts, increased volatility, large trading volumes, short-term price continuation, and long-term price reversals during the manipulation period. Crime victims often suffer a broad range of psychological and social injuries that persist long after their physical wounds have healed. Intense feelings of anger, fear, isolation, low self-esteem, helpless- ness, and depression are common reactions.

Solution: Because the investment market will have many uncertain factors under the influence of globalization, the government can strengthen supervision. Some government departments related to finance can set up some anti-fraud teams to investigate.


2. bribery of public officials
Definition: A person will be guilty of this offence if they promise, offer or give a financial or other advantage to a foreign public official, either directly or through a third party, where such an advantage is not legitimately due.

Current statistics in China: in the image

Damages: Delays in the delivery of public services to citizens, misallocation of precious resources, unnecessary additional costs, poor roads and railways, shoddy bridges and buildings – these are just some of the detrimental consequences of bribery and corruption.

Solution: Update anti-bribery & anti-corruption policies.
At an organisational level, access to reliable, accurate risk data that offers sufficient breadth and depth of risk intelligence is critical when building a holistic picture of risk to help fight corruption and enable effective risk mitigation.
Our single configurable workflow platform gives access to end-to-end third-party risk management that covers multiple risk aspects, backed by best-in class, contextualised data and supported by managed services, helping you to make better-informed decisions about your business partners and assist in meeting anti-bribery-corruption legislative requirements.







]]> 2022-03-16 13:20:00 UTC https://padlet.com/usictech/q1koae36wyk211ft/wish/2098011417 group2 https://padlet.com/usictech/q1koae36wyk211ft/wish/2098057107 false claim in advertising
definition: Intentionally fabricate insurance accidents that have not occurred to falsely settle claims, defrauding insurance money to own.
statistics in the US: Since 1986, when Congress significantly strengthened the Civil False Claims Act, recoveries have totaled more than $62 billion.
solution: The False Claims Act allows private parties to bring suit on behalf of the government for false claims and to share in any recovery.  Such whistleblowers bring fraud schemes to light that might otherwise go undetected.

damage caused to the environment due to negligence
definition: due to negligence of industries, technical faults in industries or geological hazards pollute the environment
damage:Population growth，overconsumption ，overexploitation，pollution and deforestation]]> 2022-03-16 13:40:42 UTC https://padlet.com/usictech/q1koae36wyk211ft/wish/2098057107