Taking Stock, Fraud

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Taking Stock, Fraud Article (Inc.com)

Nowadays, fraudulent online stock-trading schemes are common. But even before the first electric telegraph, two bankers committed the equivalent of modern-day Internet stock fraud.

Nowadays, fraudulent online stock-trading schemes are common. But even before the first electric telegraph, two bankers committed the equivalent of modern-day Internet stock fraud.

Fabulous article from 1999 about how two bankers in 1837 hacked additional data into the fledgling telegraph system to surreptitiously (and illicitly) send messages to give them an edge at the stock exchange. Their innovative approach is similar to modern steganographic systems that hide information in headers, metadata, or within the encoding of invisible characters.

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