Long firm fraud

A long firm fraud (also known as a consumer credit fraud) is a fraud that uses a trading company set up for fraudulent purposes; the basic operation is to run the company as an apparently legitimate business by buying goods and paying suppliers promptly to secure a good credit record. Once they are sufficiently well-established, the perpetrators then purchase the next round of goods on credit and decamp with both the goods and profits from previous sales. The goods can then be sold elsewhere. The procedure needs a certain amount of money to set up, often the proceeds from another crime or a previous long firm. Sometimes the individual who does jail time for assisting with the fraud is paid for their time served.

Long firm frauds have become significantly less common in recent years since it is no longer possible to operate for any length of time without leaving a significant paper trail.

Notes

Business

A business, also known as an enterprise, agency or a firm, is an entity involved in the provision of goods and/or services to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be social not-for-profit enterprises or state-owned public enterprises targeted for specific social and economic objectives. A business owned by multiple individuals may be formed as an incorporated company or jointly organised as a partnership. Countries have different laws that may ascribe different rights to the various business entities.

Business can refer to a particular organization or to an entire market sector, e.g. "the music business". Compound forms such as agribusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit.

The Firm (hip hop group)

The Firm was an American hip hop supergroup that formed in New York City in 1996. It was created by rapper Nas, his manager Steve Stoute, producer Dr. Dre and production team the Trackmasters. The group was composed of East Coast-based rappers Nas, Foxy Brown, AZ and Nature, who served as a replacement for Cormega after he was ousted from the group.

Although the group received initial hype and high expectations from fans upon their formation after collectively signing to Dr. Dre's Aftermath label, The Firm's debut album, The Album (1997), generated disappointing sales and generally negative criticism. The album, which featured predominant mafioso rap-themes and production from Dr. Dre and the Trackmasters, was criticized for its mainstream, pop-orientation. Their debut album was the group's only release and they disbanded in 1998 with each member continuing their solo careers.

Background

The Firm's origins lie in the recording of Nas' studio album It Was Written (1996), which included a collaboration on the song "Affirmative Action" with East Coast-based rappers AZ, Cormega, and Foxy Brown. The supergroup was a project created by rapper Nas, his manager Steve Stoute, West Coast-based rapper and producer Dr. Dre, and production team the Trackmasters. The resulting line-up included Nas, Brown, AZ and rapper Nature. Cormega had been ousted from the group and was replaced by Nature prior to recording The Firm's debut, due to artistic differences between him and Nas, as well as contract disagreements with Nas' manager Steve Stoute. According to Poke & Tone, 50 Cent and Mary J. Blige were tentatively considered for the group.

Firm (disambiguation)

A firm is a business.

Firm or The Firm may also refer to:

Organizations

Film and television

Long

Long may refer to:

In measurements

In geography

People and characters

Other uses

See also

Long (surname)

Long is a surname and may refer to many people.

The Longs in Ireland got their names from a number of different origins. Some are of English, Scottish, and Norman descent. The Norman de Long and le Lung arrived in the 11th century with the Anglo-Norman conquest in 1066 AD and established in numerous locations. A number of Irish Gaelic septs of O'Longain and O'Longaig contributed to the origin of the name. One sept was located in County Armagh, but the greater numbers were in County Cork at Cannovee and also at Moviddy. The Longs lost all their lands in the upheavals of the 17th century. The name is found in its greatest numbers in Munster, County Cork being most favored. The line of direct descent from the last elected chieftain to the present day is unbroken — the official title is styled "O'Long of Carrenelongy". The Irish origin also comes from "Lonklin" from county Tipperary and Dublin.

Long is also the pinyin romanization of several Chinese surnames. It includes 龍/龙, which means "dragon" in Chinese, ranking number 80 on the list of common Chinese surnames in 2006, up from 108 in 1990. Another name transcribed as Long is 隆, which is very rare in contemporary China. In Hong Kong, these names are also romanized as Lung.

List of Major League Baseball players with unidentified given names

Forty-one individuals who played professional baseball at the major league level lack identified given names. Identification of players remains difficult due to a lack of information; a Brooklyn, New York directory, for instance, lists more than 30 men that could be the professional player "Stoddard". Possible mistakes in reading box scores from the 19th century could have also led to players without given names: "Eland", for example, could be another player from the Baltimore Marylands roster whose name was simply misread. Four of the 41, McBride, Stafford, Sterling, and Sweigert, were local players added to the Philadelphia Athletics team by manager Bill Sharsig for Philadelphia's last game of the season against the Syracuse Stars on October 12, 1890. Sterling pitched five innings for the Athletics and conceded 12 runs. McBride, Philadelphia's center fielder, and Stafford, the team's right fielder, both failed to reach base, but left fielder Sweigert reached base on a walk and stole a base. Society for American Baseball Research writer Bill Carle "doubt[s] we will ever be able to identify them".