Rogue Trader


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Related to Rogue Trader: Nick Leeson

Rogue Trader

A trader who makes frequent, large, and usually reckless investments without regard for his/her client or institution. The rogue trader does not work in concert or consultation with anyone else, but typically handles other people's money. Obviously, the investments the rogue trader makes are very high risk, and he/she usually ultimately fails. See also: Nick Leason, John Rusnack, Chen Jiulin.
References in periodicals archive ?
Paul Salisbury, chairman of Binley Woods Parish Council, said: "Binley Woods Parish Council has been pushing to become a No Rogue Trader Zone for some time now and residents are looking forward to the implementation of the scheme.
The Office of Fair Trading is now urging people - especially the elderly and vulnerable - to be on their guard against rogue traders knocking at their door.
Inspector Steve Broughton, of Redcar and Cleveland Police, said: "The operation targets rogue traders who often themselves target elderly and vulnerable people in an attempt to con them out of large amounts of money for work that is substandard, unnecessary and overpriced.
HOMEOWNERS are being warned to watch out for rogue traders looking to make the most of the bad weather.
Following the arrest, Trading Standards officers are warning residents that rogue traders are currently targeting premises in the Vale of Glamorgan, approaching residents and offering to repair driveways.
The rogue traders we are targeting often prey on the elderly and the vulnerable and leave either substandard or unfinished work.
It is hoped the new online facility will enable consumers and traders to make contact, anonymously if they wish, about rogue traders who they suspect of ripping off the public.
They are also being handed information booklets with tips to stay safe from cowboys, while signs are being erected in the roads declaring it a 'No Rogue Trader Zone'.
Warwickshire Consumer Empowerment Partnership - a group comprising trading standards and Citizens Advice - say rogue traders usually knock on doors or deliver flyers to tout for work, but often use false names and addresses on advertising and paperwork, and removable signs for their vehicles.
com, which aims to stop residents being ripped of by a rogue trader.
As reported in the Telegraph last week, Sheila Taylor, of Allesley Park, was fleeced out of thousands of pounds by a rogue trader she knew only as "Dave".
FAMILIES are urged to stay safe from bogus callers in National Rogue Trader Week.