Rogue Financiers: Fakers, Confidence Tricksters, and Share-Pushers in Britain between the Wars

Matthew Hollow
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Matthew Hollow: Durham University

Chapter 3 in Rogue Banking: A History of Financial Fraud in Interwar Britain, 2015, pp 68-86 from Palgrave Macmillan

Abstract: Abstract The focus of this chapter is on the variety of underhand share-pushing scams that were carried out on the fringes of the British financial sector during the interwar period. Focusing in particular upon the plethora of so-called bucket-shops that were in operation across London at this time, it outlines both the context within which these scams took place and the methods by which they were orchestrated. As this chapter shows, whilst individually the losses suffered as result of these frauds may have been comparatively small-scale, the collective damage that these scams did to investor confidence did still have serious ramifications for the wider financial sector as a whole.

Keywords: black market; bucket-shops; fringe economy; investment scams; Jacob Factor; organised crime; sharepushing (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36054-0_4

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DOI: 10.1057/9781137360540_4

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