<HTML>...take the piss without spending a penny....
a) Find a company worth £10mil. Let us call this company Free Gift, Inc.
b) Write a cheque to the owner of Free Gift, Inc., Mr. Happy, for £20mil with a condition that the cheque must be deposited in Dodgy Bank for a specified time.
c) Start a new company and make a few homeless people directors. Let us call this company Front Holdings. Now, get Front Holdings to buy Free Gift, Inc. with £60mil of stock in Front Holdings.
d) From Dodgy Bank borrow £20mil to cover the cheque for £20mil given to Mr. Happy. As collateral for this loan offer the £60mil in stock of Front Holdings.
e) Sell the £60mil stock of Front Holdings on the market for £60mil.
f) Pocket £40mil without having spent any money.</HTML>