Meaning of "figurehead"
In situations where a person appears to hold a nominal title or position, but actual operations and decision-making are handled by someone else, the person lending their name assumes legal liability and risk, effectively serving as a “straw boss.”
"As suspicions that the CEO was merely a figurehead grew, the investigation expanded to determine whether someone else was actually running the company."
Related slang words
Working Capital LoanIllegal acts involving the forgery of income verification documents or the use of false information to assist individuals in obtaining loans from financial institutions through fraudulent means, in exchange for a feeMaster DistributorHe acts as a middleman, managing subordinate groups and recruiting members for illegal gambling and fraud sites in exchange for commissionsRollingThis is slang referring to the practice of gambling sites taking a certain percentage of the bet amount as a commission, or to that specific percentage.The Three-Party FraudThis refers to a scam in which a fraudster acts as both buyer and seller in a secondhand transaction, deceiving both parties simultaneously to steal goods or money.Pyramid schemeThey operate a pyramid scheme in which funds from new investors are distributed to existing investors to make it appear as though they are receiving returns, using the difference to sustain the schemeSmishingThis refers to a scam in which victims are tricked into clicking on a link disguised as a text message (SMS), which then installs malware and steals their personal information.Reading RoomThese are group chat rooms that operate by charging membership fees under the guise of recommending investment opportunities such as stocks and cryptocurrencies, but in reality, they are fraudulent schemes where the operators disappear or spread false or exaggerated information, causing financial losses to users.Q-singThis is a cyberattack technique that combines QR codes (QR) with phishing to trick users into believing that a fake QR code is genuine, thereby causing harm such as inducing them to install malicious apps or make unauthorized payments.