History Main / DelayedWire

13th Feb '16 9:28:52 PM Prfnoff
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The ConMan and his crew represent that they can give access to advance information available to no one else, for a price. The off-track betting tale from ''TheSting'' was a Delayed Wire gag.

The kinds of information for sale differs; "advance" stock-price movement, "hacked" access to currency fluctuations, a "tip" on zoning regulations that will boost the price of real estate ... you get the picture. A key element of the tale (called the "hook") lies in convincing TheMark that he has a short window of opportunity to cash in, in a situation where he has all the control. Often the mark is steered toward "discovering" the illicit operation in such a way that he feels he can threaten to call in the police.

to:

The ConMan and his crew represent that they can give access to advance information available to no one else, for a price. The off-track betting tale from ''TheSting'' was a Delayed Wire gag.

The kinds of information for sale differs; "advance" stock-price movement, "hacked" access to currency fluctuations, a "tip" on zoning regulations that will boost the price of real estate ... you get the picture. A key element of the tale (called the "hook") lies in convincing TheMark that he has a short window of opportunity to cash in, in a situation where he has all the control. Often the mark is steered toward "discovering" the illicit operation in such a way that he feels he can threaten to call in the police.
16th Jan '16 2:27:42 PM Prfnoff
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* In ''Theatre/TheGoldenApple'', Mr. Scylla persuades Ajax to bet the boys' return fares on the Manila hemp market, which his accomplice Mr. Charybdis (otherwise Hector) was pretending to have sold short. Of course, it turns out that hemp really is a bust and Mr. Charybdis has moved on to another commodity.

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* In ''Theatre/TheGoldenApple'', Mr. Scylla persuades Ajax to bet the boys' return fares on the Manila hemp market, which his accomplice Mr. Charybdis (otherwise Hector) was pretending to have sold short.short so as not to let anyone else in on a lucrative investment opportunity. Of course, it turns out that hemp really is a bust and Mr. Charybdis has moved on to another commodity.
16th Jan '16 2:26:42 PM Prfnoff
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Added DiffLines:

[[folder:Theatre]]
* In ''Theatre/TheGoldenApple'', Mr. Scylla persuades Ajax to bet the boys' return fares on the Manila hemp market, which his accomplice Mr. Charybdis (otherwise Hector) was pretending to have sold short. Of course, it turns out that hemp really is a bust and Mr. Charybdis has moved on to another commodity.
[[/folder]]
13th Jan '16 7:52:22 AM gallium
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* The end of ''Film/TradingPlaces''.

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* The end of ''Film/TradingPlaces''.''Film/TradingPlaces'', in which the Dukes are given a fake crop report that leads them to believe the Department of Agriculture will announce a shortage of oranges. The Dukes then go in big on frozen concentrated orange juice on the commodities market, with disastrous consequences for them, and untold riches for Winthorp and Valentine.
7th Oct '15 11:04:37 AM Morgenthaler
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* Used in an episode of ''TheRiches'', as are several other types of cons,

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* Used in an episode of ''TheRiches'', ''Series/TheRiches'', as are several other types of cons,
1st Aug '15 8:16:49 PM karstovich2
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* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games in the US are a favorite target.

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* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games in the US are a favorite target.
target. (See {{Rainmaking}} for details.)
1st Aug '15 8:16:14 PM karstovich2
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A variant is the Reverse Pyramid Scheme, where a large pool of potential marks are given predictions about events, and only those marks who have received correct predictions are retained. The pool dwindles to a small pool of marks who have received a stunningly accurate series of correct calls and are then offered one last prediction at an obscene price.

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A variant variant, crossed with {{Rainmaking}}, is the Reverse Pyramid Scheme, where a large pool of potential marks are given predictions about events, and only those marks who have received correct predictions are retained. The pool dwindles to a small pool of marks who have received a stunningly accurate series of correct calls and are then offered one last prediction at an obscene price.
25th Jun '15 5:42:00 AM Morgenthaler
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* ''TheSting'' has a horse racing variant.

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* ''TheSting'' ''Film/TheSting'' has a horse racing variant.



* ''TheGrifters'' uses this as a long con.
* The end of ''TradingPlaces''.
* ''WallStreet'' has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.

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* ''TheGrifters'' ''Film/TheGrifters'' uses this as a long con.
* The end of ''TradingPlaces''.
''Film/TradingPlaces''.
* ''WallStreet'' ''Film/WallStreet'' has Budd Fox tell Gordon Gecko that Blustar Airlines is about to settle a strike and the stock should soar on this news when Gecko is interviewing him for a high-level Wall Street role. Budd is desperate to impress Gecko and passes it off as his research. In reality, this is insider trading, since Budd knows it because his dad is a union rep for the airline. Of course, Gordon then learns the truth - and doesn't care, because trading on inside information and manipulating the financial press are all in Gordon's bag of tricks.
12th Jun '15 1:28:35 PM DaibhidC
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* An episode of ''Series/{{Elementary}}'' had a former insider trader giving the computerised trading house that managed his blind trust an advantage by delaying the signal to their competitors by ''microseconds''.
30th May '15 3:33:00 PM karstovich2
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** On the other hand, some information about a business ''is'' illegal to use as the basis of a stock trade--but that's insider trading, which is not exactly a scam.



* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games are a favorite target.

to:

* The ReversePyramidScheme is a favorite for scammers when it comes to sports bets. Find a pool of pigeons, send them predictions for big games, then offer to sell your "insider" picks for a game which is sure to have heavy betting. NFL games in the US are a favorite target.
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