In market research, frugging is “fund-raising under the guise of research”. This behavior occurs when a product marketer falsely purports to be a market researcher conducting a statistical survey, when in reality the “researcher” is attempting to solicit a donation.
Generally considered unethical, this tactic is strictly prohibited by trade groups, such as CASRO and the Marketing Research Association, for their member research companies.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.