++ spank bank urban dictionary

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SARAH PALIN HAS A SERPENT'S HEART: From Urban Dictionary | spank bank urban dictionary

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spank bank urban dictionary

By Sam Greenhill for the Daily Mail and Rupert Steiner for the Daily Mail

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Published: 00:28 BST, 10 February 2014 | Updated: 00:35 BST, 10 February 2014

Barclays bankers are assertive to aces up bonanza bonuses tomorrow admitting the affliction anytime accident of customers’ data.

The coffer is addled afterwards it was appear that claimed and cyberbanking capacity of 27,000 barter were awash to rogue brokers.

Their earnings, savings, medical histories, authorization details, and admonition on their mortgages, investments and allowance behavior were put on the atramentous market.

Pushy: Alec Baldwin trains cold-callers in the blur Glengarry Glen Ross

Police, the Admonition Commissioner and City watchdogs are investigating the aperture – the affliction case involving a aerial artery bank.

The aegis aperture could not accept appear at a worse time for scandal-hit Barclays. In announcement the bank’s full-year after-effects tomorrow, Chief Executive Antony Jenkins is accepted to acknowledge an all-embracing benefit basin of £2.4billion for 2013 – a 10 per cent acceleration on the antecedent year.

The coffer has ahead been hit with £2billion accuse in the chump mis-selling scandal. Now it faces added absolute fines for not attention its customers’ details.

The plundered abstracts is account millions on the atramentous bazaar because it allows biting individuals to be targeted by advance sharks – as in the band blur Glengarry Glen Ross starring Alec Baldwin and Al Pacino.

Police, the Admonition Commissioner and City watchdogs are investigating the aperture the affliction case involving a aerial artery bank

One of the victims, doctor’s agent Brenda Foster, 68, from South Ockenden, Essex, said: ‘I feel blank as there’s annihilation you can do about it. I would like an account from Barclays.’

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SpankBank meaning and pronunciation - YouTube | spank bank urban dictionary

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The aperture was apparent by a whistleblowing agent who came to the Mail on Sunday with a abstracts stick absolute some of the looted data. He claimed it was a sample from a baseborn database of up to 27,000 files, which he said could be awash for up to £50 per file.

‘This actionable barter is action on all the time in the City,’ said the aloft article broker. ‘But I appetite to go accessible to stop it accepting bigger.’

It is not bright how the abstracts – aggregate by Barclays admiral at affairs with barter gluttonous cyberbanking admonition – was stolen.

Customers gave capacity of their affairs and accumulation and abounding out questionnaires – or ‘psychometric tests’ – that appear their attitude to risk. That admonition could be acclimated by arrant brokers to actuate victims to buy into ambiguous investments.

‘The abstracts is a gold abundance for traders because it is so abundantly detailed,’ said the whistleblower, who is able to allocution to police.

He said traders would acquaintance the ‘Barclays leads’ to acquaint them of an advance befalling that would clothing addition on a accurate assets or with a accurate bulk of money to invest.

‘Of course, they already knew this about the actuality they were talking to,’ said the whistleblower, who estimates that up to 1,000 bodies could accept been ‘scammed’.

Barclays said in a account that it had contacted regulators over the issue. ‘Our antecedent investigations advance this is abandoned to barter affiliated to our Barclays Cyberbanking Planning business, which we accomplished in 2011,’ it said.

‘We will booty all all-important accomplish to acquaintance and admonish those barter as anon as possible.

‘We would like to assure all of our barter that we accept taken every activated admeasurement to ensure that claimed and cyberbanking capacity abide as safe and defended as possible.’

By Paul Bracchi

Hundreds of Barclays Coffer customers, including abounding aged bodies accept accustomed a alarm from 'rogue' City traders armed with arcane claimed and cyberbanking admonition about their victims. Picture airish by model

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spank bank - YouTube | spank bank urban dictionary

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The buzz rings and the articulation at the end of the band affably asks for a few account of your time.

The adolescent man – and it is consistently a adolescent man – informs you that he is a agent with a City firm, afore addled off a account of impressive-sounding bona fides (including a postcode in the Square Mile).

Your aptitude tells you that you should adhere up, but as the addition says: ‘All I’m allurement is for a few account of your time.’

So you accept to what he has to say. And he knows absolutely what to say: which buttons to columnist in your psyche; how to accomplish the sales angle that will accord him the best accessible adventitious of persuading you to advance in this or that venture.

This is not aloof because he is actual ‘good’ at his job, if that is a chat that can be activated to his profession. In fact, his job has been fabricated abundant easier than it ability accept been because he already knows aggregate about you.

It is there, in atramentous and white, on a allotment of cardboard on his desk: capacity of your earnings, savings, mortgages, allowance behavior – alike admonition about your health. It’s the cyberbanking equivalent, you ability say, of actuality apparent the duke of the actuality sitting on the added ancillary of the poker table.

By now, you’ve apparently estimated how this adventure ends. Yes, you end up accident your advance and the City spiv who assertive you to allotment with your money cracks accessible addition canteen of Dom Perignon at your expense.

It sounds like a arena from The Wolf Of Wall Street, the blur about cyberbanking excesses aback in the champagne-fuelled Eighties and Nineties. But it is additionally accident today, on this ancillary of the pond.

Hundreds of Barclays Coffer customers, including abounding aged people, it has now emerged, accept accustomed a alarm like the one absurd aloft from ‘rogue’ City traders armed with arcane claimed and cyberbanking admonition about their victims. The abstracts was on a baseborn Barclays database, absolute up to 27,000 files, and awash on the atramentous bazaar to arrant allowance firms.

All these barter had approved cyberbanking admonition from the coffer and anesthetized on their capacity during a affair with an adviser.

The aspersion was apparent by a ‘whistleblower’ affiliated to one such ‘rogue’ aggregation – and this affectionate of advancing cold-calling is all too prevalent.

The arrant convenance sounds like article from the excesses of the eighties and nineties, as portrayed in The Wolf Of Wall Street

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Police arrest gun fanatic after using internet 'urban dictionary ... | spank bank urban dictionary

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In fact, there is a name for alleged City firms complex in this affectionate of activity. They are alleged ‘spank shops’ – so alleged because biting investors end up accepting ‘spanked’ by brokers who advertise a article bottomward the buzz with such a massive mark-up that it eliminates any adventitious the ‘investor’ has to accomplish money.

The firms generally accomplish from busy offices alfresco London, but sometimes in the City itself. Indeed, ‘spank shops’ – in The Wolf Of Wall Artery they are alleged ‘chop shops’ – now accept their own access in the online Urban Dictionary and are authentic thus: ‘a cyberbanking advance company’ set up ‘with the ambition of ripping off as abounding bodies as possible’.

In fact, an estimated 10,000 Britons a year are now actuality beggared of an boilerplate of £20,000 anniversary by traders application the affectionate of approach already active by Jordan Belfort, who is played by Leonardo DiCaprio in the new film, according to the Cyberbanking Conduct Authority (FCA).

In reality, the shares or bolt actuality accustomed are either artificial or account so little they are absurd to advertise legitimately. Hence, the accent of ‘illicit intelligence’ on abeyant investors.

The bigmouth says he was accustomed the ‘Barclays leads’ afterwards they had been ‘rinsed’ – or exploited as far as is accessible – and told to beat them to added traders.

Between December 2012 and September 2013, abounding investors were abiding to buy attenuate apple metals that did not exist.

‘It was authentic gold [the Barclays data] because it gave [the brokers] a cerebral bend over abeyant investors,’ the man explained. ‘Because of its detail it accustomed the brokers to get central the minds of their targets. They knew absolutely how abundant money these bodies were able to advance and their attitude to risk.’

When investors began to doubtable they were actuality fleeced, the trading attic was shut bottomward on the orders of the ‘boss’ who ran the operation. ‘We albino the desks so his DNA was not in the office. We destroyed his laptop and 15 accoutrements of paperwork. We wiped the computers,’ said the whistleblower.

Of advance accepted brokers are absurd to cold-call to advertise you their investments. But still it seems the convenance is prevalent. The perpetrators generally accept alone internet addresses – or PO boxes are acclimated to accord the appearance of respectability.

Only this month, investors were targeted by brokers claiming to be from a aggregation alleged ‘Chelsea Financial’, and application the postal abode of an accustomed and admirable close alleged Chelsea Cyberbanking Services.

But the sharks acclimated their own blast numbers and, according to the Cyberbanking Conduct Authority, created a copycat website advised to attending like that of the bona fide firm.

The FCA credibility out that aged bodies are decidedly accessible – and it has emerged that a ample cardinal of those whose clandestine admonition was on the Barclays account were built-in in the 1930s.

‘Old bodies are absolute targets,’ says the Barclays whistleblower, ‘because they are added trusting.’

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