Until now, nobody has been able to look inside at how one of these scams work -- especially one that's been so prolific, generating millions of dollars in royalties by cashing in on unwitting buyers who are tricked into thinking these ebooks have some substance.
Over the past two years, the database has stored data on 1,453 low-quality ebooks. Most have been written in just a few days for a few dollars, covering topics that are extremely mundane or flat-out bizarre: anything from an ebook on understanding non-verbal communications, to a guide on how to stop procrastinating, and even a boxset on herbal, homemade antibiotic lotions. Each book was hastily written and littered with spelling and grammatical mistakes.
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The fake accounts would download hundreds of these ebooks over a short period of time -- usually a few hours. Each promoted ebook can be offered for free for a short period of time, allowing the downloads to run at no additional cost. Free books don't generate royalties, but they do help to raise an ebook's visibility in the Amazon charts.
That visibility could drive dozens of genuine downloads per day. Some reach the hundreds of sales, which can drive thousands of dollars in royalties. Imagine that on a far larger, automated scale -- and those royalties begin to add up.
On a small scale, each ebook can generate anything from a few cents to hundreds of dollars over the course of its life span -- until Amazon figures out that the book is a fraud. Fraudulent books get pulled offline quickly but often reappear under a different title, cover, and author's name.
2018-07-02
Wall Street Journal reporters Wright and Hope tell the story of a massive international financial scandal they initially exposed in the newspaper in 2015, reporting that made them finalists for the 2016 Pulitzer Prize.The fraud centers on one man, Malaysian-born Jho Low, who by age 20 had begun figuring out how lies about his own background, combined with careful study of international financial markets, could enrich him. By age 30, Low had fooled even sophisticated international bankers into investing billions of dollars into fraudulent companies he created. Much of the book is set in the United States, where Low attended college, resided part-time, and identified his credulous marks, which included dealmakers at the mammoth Wall Street firm of Goldman Sachs, among many others. Many American readers will not have a solid background in Malaysian affairs; a strength of this account is the authors' explication of how Malaysian culture and politics helped enable Low to carry out his schemes. The "whale" of the title is slang for a high-rolling gambler, an apt description of Low. He did not gamble with his own money, however. Instead, he used billions of dollars raised from corrupt governments and wealthy individual investors to finance his lavish lifestyle, which the authors describe meticulously. The partying included celebrities from around the globe, including Leonardo DiCaprio, Paris Hilton, fashion models, and Kanye West and other hip-hop stars. A major irony documented by the authors was the creation of a movie studio by Low using stolen cash; the studio would produce the movie The Wolf of Wall Street, based on the memoir by financial fraudster Jordan Belfort. Despite all the evidence against him, the question remains: "Will Low ever be brought to justice?"As the authors amply prove, the scandal reaches far beyond Low. To succeed, he relied on the naivet, greed, and generally immoral conduct of huge banks as well as corrupt governments.
In their 2016 annual report, the Audio Publishers Association, which tracks the industry, found that sales totaled $2.1 billion in 2016, an 18.2 percent increase from the previous year. Compare that to $1.8 billion of hardcover copy books sold in 2016.
From inspiration for our next business investment to a leisurely vacation read, books can transport us to another world and open our minds. Books also help us to develop our social skills and can prevent cognitive decline and boost sleep quality. Moreover, scheduling just 30 minutes of daily reading time can lower blood pressure and heart rate as effectively as taking a yoga class. With an estimated 1.1 billion ebook users by 2027, many people have already swapped the classic paperback for eBooks or other online resources.
PDF Drive is a search engine for books in PDF format. From self-development, health and fitness, and lifestyle to parenting, PDF Drive offers unlimited downloads for avid readers to enjoy. The site boasts over 75 million ebooks, magazines, and articles for users to preview before they download. Readers can even sign up for an email newsletter to receive notifications of top trending books.
Downloading music and movies may be popular to download, but books are no exception. According to internet piracy facts, there were approximately 16.5 million ebook downloaders in the United States in 2017, costing publishers millions of dollars in sales.
In 2015, rumours began circulating that billions of dollars had been stolen from a Malaysian investment fund. The mastermind of the heist was twenty-seven-year-old Jho Low, a serial fabulist from an upper-middle-class Malaysian family, who had carefully built his reputation as a member of the jet-setting elite by arranging and financing elaborate parties for Wall Street bankers, celebrities, and even royalty.
With the aid of Goldman Sachs and others, Low stole billions of dollars, right under the nose of global financial industry watchdogs. He used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and bankroll Hollywood films like The Wolf of Wall Street.
Online piracy has been growing throughout the world for years now. Nearly a quarter of the global Internet bandwidth is used for online piracy. Often considered a victimless crime by the 'pirates', online piracy results in billions of dollars in lost revenue. Besides artists, creators, publishers, and distributors, it hurts the entire media industry. Every year 230,000 to 560,000 jobs are lost in the United States due to online video piracy.
Despite efforts to curtail piracy, it has penetrated every digital media format from television and movies to music, software, video games, and even books. More than 130 billion visits were made to piracy websites in 2020. The United States, Russia, and China contribute the highest number of visits to piracy websites.
Bookstores experienced lower foot traffic, and as a result Physical Retail, which comprises all sales to bookstores and other traditional retailers, including their online sales, saw a year-over-year decline of 11.3%, coming in at $5.13 billion. In addition, the U.S. Export market declined 2.8% to $1.27 billion during 2020. The Direct-to-Consumer channel also suffered a significant decline.
Back pain is one of the most common causes for patients to seek medical care in both primary care and emergency setting. An estimated 200 billion dollars are spent annually on the management of back pain [1]. It is the most common reason for workman's compensation and lost work hours and productivity. There is a broad range of potential etiologies for both adult and pediatric populations. The etiologies differ depending on the patient population, but most commonly, it is mechanical or non-specific. Not all back pain is lumbago or paraspinal muscle hypertonicity. Heuristics are useful, but they are also problematic. If 90 percent of back pain is mechanical, and somewhere between 12 to 33 percent of people experience back pain at any one time, then it is likely to be the primary focus of medical treatment. [1] The mechanical back is both prevalent and with a large incidence. By only focusing on the most common and most dangerous etiologies of back pain, providers are missing a significant portion of cases. Some sources say up the 30 percent of mechanical back pain is sacroiliac joint in origin, yet it is often an afterthought in a differential diagnosis. [2]. Cases of ankylosing spondylitis are missed when providers assume back a patient's back pain is mechanical [3].
In the US alone, says Statista, ebooks are forecast to be an $8.6 billion dollar business by the end of 2018. And people are reading them, with 20% of readers reading more ebooks than hard copy books.
eBooks and e-readers are a booming industry. PwC expects United States eBook sales to grow from 2.3 billion dollars in 2011 to almost 9 billion dollars in 2018. eBook sales in the United States passed regular hardback sales in the beginning of 2012. The release of e-readers prompted questions about the value of reading electronically and whether e-readers are better than paperback books. The introduction of eTextbooks has changed our college learning environment as well. A study found that students are not negatively affected by learning from e-readers rather than books, but the next stage of the study administers tests with longer and more difficult passages.
The Department of the Air Force FY 2024 budget request is approximately $215.1 billion dollars, a $9.3B or 4.5% increase over the FY23 enacted position. The Air Force budget request of $185.1B is a $5.4B increase over the FY23 enacted position. The Space Force budget request of $30B is a $3.9B increase. The Department's RDT&E request is $55.4B, a $4.9B increase over the FY23 Enacted position. This growth showcases the Department's commitment to making the investments needed to implement the National Defense Strategy. be457b7860
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