cross-firing
 n.— «Sinclair was one of several traders that lost money after being promised returns of about 15pc by Mr Cushnie. In fact the money was being circulated between Versailles and a number of ghost companies in an attempt to drive up its apparent turnover—a practice known as “cross-firing.”» —“Victims of Cushnie move in with St Tropez villa the prize target” by Philip Aldrick Telegraph (U.K.) Oct. 19, 2005. (source: Double-Tongued Dictionary)

Tagged with →