Stories of greed, revenge and debauchery abound in the cutthroat world of the stock market. Following are just a few examples that could be the next Hollywood Blockbuster.The Tale of the Slick Pharma-Con

Martin Shkreli’s fascination for profits and lust for attention would have made an excellent plot for a good many novels and films.

Martin began his stint on the Wall Street world when he took his floundering company, Turing Pharmaceuticals, and multiplied its worth many times over. This was done by taking his 65-year-old HIV medication and raised the price to $750 per tablet from the conscientious $13.50 it was at earlier. This led to immediate profits.

In 2015, Martin was arrested for fraud and released on bail pending his trial, set for 2017. Mr. Shkreli has made himself a spectacle and nuisance in the world of the rich and famous by trolling various celebrities and journalists. His antics have recently gotten him banned from Twitter.

Eddie Lampert’s Cool Get Away

This story seems like it came from the desk of any celebrated crime novelist. Eddie Lampert was working as the manager of the ESL Billionaire Hedge Fund in 2003. Lampert was in the parking lot in Greenwich, Connecticut when he was kidnapped by masked gunmen.

The men informed Lampert that he was a hostage for a $1 Million ransom and they had every intention of killing him if their demands were not met. Thy held Lampert in the hotel bathroom and made him record a message to be delivered to his wife.

Nevertheless, the smooth-talking manger convinced his captors to release him on good faith and that he would leave $40 K in a Wendy’s dumpster just for them. Lampert was released and the confused kidnappers were arrested by the police when they attempted to use Mr. Lampert’s credit card to order a pizza.

The SAC Intern Training Program

SAC Capital’s CEO Steve Cohen paid a $135 Million settlement for charges of insider trading, but the details uncovered in the report were far more scathing than some unfair stock actions. There appeared to be a highly irregular training program in effect at the SAC offices.

Andrew Tong was an aspiring young analyst working under a portfolio manager Ping Jiang. Among more mundane responsibilities, Andrew Tong was asked to dress in female attire and take female hormonal in preparation for a rigorous training program. The training program included forced oral sex, simulated imprisonment and even the introduction of foreign objects into Mr. Tong’s rectum.

The story like this would make a dramatic adaptation of the dark side of Wall Street, for those with the stomach to bear such a tale of oppression and ambition.

Wall Streeter’s Bitterly Bemoan their Illicit Actions

Months before the crash in 1987, Wall Streeters were high on more than ambitions, dreams and money. Cocaine was the flavor of the town and things were getting out of hand. Wall Street had become rife with Colombian nose candy and the DEA was all set to nip the illicit activity in the bud.

The crackdown was code-named “Operation Buy and Cry”. This was due to the habit of Wall Streeter to desperately attempt to buy the white product from undercover cops posing as dealers. When they subsequently arrested, the tears would flow as they realized their careers on the Street of gold were lost forever.

The operation was detailed perfectly in the Sun Sentinel. Half way through the month of April, over a hundred users had already been picked up by the police.

In one iconic sting operation code named “Closing Bell”, a small crowd of Wall Street traders were arrested for possession. The crazy part, these smart suppliers were doling out grams of cocaine for information and stocks.

Out of the many arrested that fateful raid, eleven were from the prestigious broker-dealer firm Brooks, Weinger, Robbins & Leeds. Another five were employees in the New York Depository of Trust.

The history of online stock trading can be fascinating and yet very misunderstood. The revolution and the induction of the internet truly changed the stock trading industry forever. When the public first got introduced to the internet and how the internet actually worked, the service and the steps on how trading online worked was a hit. When we look back as to how stocks were originally traded we recognize that brokers, investors, and telephones really were our only way to get the job done. In these modern times we are now freed from this slow way of life regarding how individuals trade. Now that electronic stock trading is on the scene the old ways of doing things and not accepted and no longer exist. No middle man and no telephones are necessary as the technology era is taking over, all profitable transactions are going at speeds of light. The future of company stock is safe regarding the online trading industry. If you have access to a computer or even now a cellphone your set. Electronics communications network (ECNs) started to be used by many in the early 1900’s. The brokerage industry never been the same ever since. Then in 1982, the two became one. Internet online trading with computers really changed the way brokers conducted their trades. Although the stock market did crash in 1987, stocks were surprisedly not affected and was able to maintain its position. Then in the 1900’s the history of stocks changed forever as it took off full speed. One of the many jobs that blossomed during the trading era was actually becoming an online stock trading broker. Along with the online stock trading brokers, the online trading businesses are expanding and growing at fast speeds. One of the many online brokerage companies include Charles Schwab, Scottrade and TDAmeritrade. The future of online stocks trading is extremely promising and lucrative. As apps are on the rise many companies are adding apps to their companies. It will broaden the way people trade especially with the convenient way to pull up your own portfolio on your phone. A special thanks goes out to the innovative minds of app creations. You have access to information regarding stocks purchasing and future stock trades. Another necessary tool that is so not taken enough advantage of is the online tools such as ebooks and self help tutorials located right on the web. With these tools accessible to everyone the need for assistance advice or even the options of others are not needed. There is more to the history of online stock trading and how it started. This is indeed a time in history that individuals are becoming self taught, and self-made, millionaires and billionaires. As the continuation of online trading rise the history of where it came from will never be forgotten.

There are 11 acts that are considered to be very damaging to stock broker’s career and image.

1) Brokers are not allowed to give out any misleading information. A broker can support his/her own self-interest by supplying false information. A broker can sabotage a client’s bottom line by padding his bottom line.

2) Anytime a broker persuades a client’s interest or ability to make an informed choices by omitting certain information, this is considered fraud.

3) Trading without a client’s consent.

4) Brokers who are not properly licensed are committing fraud.

5) Any form of breach through a contract is considered fraudulent.

6) Any sort of purchase that is not in line with the signed contract or not in line with a client’s best interests.

7) Margin accounts not being used in the right way is a form of abuse.

8) Over-concentrating a client’s portfolio is considered fraudulent.

9) Broker’s who do not uphold the financial responsibility they are assigned to are committing fraud.

10) A client’s portfolio that is not properly maintained is considered negligent behavior. Broker’s make money off of their client’s investments. Brokers should not be taking advantage of this. They should be getting a fair fee for their services, not robbing their clients blind.

11) A broker’s firm who is not taking proper care of their clients and not looking after their brokers are held accountable. This is considered to be fraud in both a direct and indirect way. A broker’s firm is responsible for their staff’s behavior. Not disclosing pertinent information that is known at the time is also considered to be fraudulent.

Is a Broker’s Reputation That Big of a Deal?

Yes, it is. Clients need to know who they are getting involved with. Pay attention to any warning signs that come to light. A client is just as responsible as the broker. It is the client’s responsibility to recognize when bad behavior is happening.

What Are the Warning Signs?

1) Is your broker avoiding your phone calls and emails right now. They may have been diligent about this in the beginning, but now they are avoiding you. This is sign number one. There may be a good reason for this. The first time is happenstance. The second time is a coincidence. The third time is a sign that something is wrong. Do not let it get to the third time.

2) Brokers who only converse with a client through a phone call is a bad sign. They will give their clients lots of excuses. It is a scam. Tell them their services are not needed anymore and walk away. Trust me, they will not care. They will shrug it off and move on.

3) Has the company demanded any verification paperwork before they get to work? This is a clear sign that something is wrong. Walk away now. They are looking to scam you.

4) The broker may cause technical glitches online when it is time to payout. They are doing this to avoid paying you. They will make excuses for it, saying they are not responsible. They are. Once it happens the first time, do not offer them a second chance. They will move on to someone else.

5) Are there strong customer reviews written by other clients facing the same thing? Pay attention to these reviews. They will tell you everything you need to know. When someone else is telling you to stay away, there is usually a good reason why.

6) Those who are struggling to withdraw their funds need to be looking for someone new. This is a scam.

Why Do They Get Away With It?

There are two main reasons for this.

1) There are not enough regulations preventing them from doing this.

2) The client is letting them get away with it. This happens a lot with the newbie investors. They are inclined to give these brokers the benefit of the doubt. Do not make this mistake. Brokers get away with it by covering their butts in the legal agreements. Read over everything.

Everything you do will come back in time to you.