Sentences with phrase «as fraud schemes»
Coggeshall says: «As fraud schemes evolve, this can track them.»
https://www.newscientist.com/ Not exact matches
On April 15, 2011, a day that would later become known as Black Friday in the online poker community, the Department of Justice shuttered two major online poker giants, PokerStars and Full Tilt Poker, accusing the company founders of fraud, money laundering, and operating a Ponzi scheme.
That's why Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., sees bitcoin as a «fraud» that's destined to come crashing down, as its use in ransomware schemes, drug and arms trafficking ultimately persuades authorities to find a way to put a stop to it.
«Patients were harmed as a result of this fraud scheme when they were subjected to unnecessary medical procedures, and insurance providers were harmed when they paid out tens of millions of dollars after receiving fraudulent bills.»
The report said the effort comes as part of the Chinese government's efforts to prevent potential money laundering, pyramid schemes and investment fraud from platforms accessible to Chinese investors.
Sometimes it's done as part of a larger insurance fraud scheme.
Here is Carl Van Doren in «Why I Am an Unbeliever» announcing his unbelief: «I do not believe in any god that has ever been devised, in any doctrine that has ever been revealed, in any scheme of immortality that has ever been expounded»» those passive verbs setting up faith as a fraud from the start.
Furthermore, the evil man in the expensive dress in the picture should be put in jail for his crimes of promoting the fraud and Ponzi scheme known as Catholicism, and for actively hiding child abusers.
When Robinson left, USC was beginning to feel the effects of NCAA sanctions instituted early in 1982 as a result of ticket schemes, cash funneled to players, academic fraud, improper employment, etc..
The five - count complaint against Mr. Silver on charges of wire fraud, mail fraud, conspiracy, and extortion outlines two schemes Mr. Silver used to leverage his official position as the Assembly speaer to rake in cash, which he presented as legitimately earned income for representing private clients.
«As a chartered fraud examiner, when the scam called MMM ponzi scheme came with its 30 per cent interest in 30 daysearly last year, I told people then that it was a fraud but many refused to listen and some of them later learnt their lessons in bitter ways.»
A Buffalo native who worked as a director at QVC is accused of stealing more than $ 1 million from the company in a fraud scheme that funded his luxury lifestyle, according to an indictment unsealed earlier this month by federal prosecutors in Philadelphia.
The five - count complaint on charges of wire fraud, mail fraud, conspiracy, and extortion outlines two schemes Mr. Silver used to leverage his official position as the powerful Democratic leader of the Assembly to rake in cash, which he presented as legitimately earned income for representing private clients.
Postal voters in the scandal - hit London borough of Tower Hamlets are to be closely monitored as part of new pilot schemes designed to stamp out electoral fraud, a government minister has said.
Malcolm Smith was recently convicted of federal bribery, extortion, and wire fraud as part of a scheme to get on the 2013 New York City mayoral ballot, and Pedro Espada Jr. is currently serving a five - year sentence for tax fraud.
Rechnitz pleaded guilty to conspiring to commit honest services fraud in connection with the wire fraud scheme but is cooperating as a witness for a lesser sentence, the complaint states.
Joseph Percoco, a former top aide and confidant of Cuomo, as well as SUNY Polytechnic Institute's founding President and CEO Alain Kaloyeros and officials at some of upstate New York's most prominent development firms were charged in a federal complaint with allegedly engaging in two overlapping schemes involving bribery, corruption and fraud in the award of hundreds of millions of dollars in state contracts and other official benefits.
Mr. Silver, a Manhattan Democrat, held the powerful post for two decades and was found guilty of fraud, extortion and other charges stemming from schemes through which he received nearly $ 4 million, masking such payments as legitimate outside income and referrals he earned for work as a lawyer.
In a letter filed Wednesday, Silver, who was found guilty last November on charges of fraud, extortion and money laundering related to two bribery schemes, said he apologizes to the court, to the people of New York and his constituents, as well as to his family for his «actions.»
«We also urge the government to appoint «integrity advisors» as «early warning mechanism» for the SIP to monitor the implementation of the scheme across the states of the federation, identify and alert on any risks of fraud and corruption, and engage in analysing such risks, as well as in corruption prevention and reporting activities in general.
He had faced three federal charges — mail fraud, wire fraud and extortion — for each scheme, as well as a money laundering charge after prosecutors accused him of having illegally laundered the proceeds of those schemes to lucrative investments with a Buffalo - area venture capitalist.
Kang faces wire fraud and securities fraud charges as well as theft of honest services charges in the alleged pay - to - play schemes he carried out as the state Common Retirement Fund's Director of Fixed Income Portfolio Strategy, U.S. Southern District Attorney Preet Bharara said Wednesday after an indictment was unsealed.
The federal complaint against Silver accuses him of mail fraud and the federal crime of theft of honest services, saying he engaged in a scheme since 2000 to use the power and influence of his official position to obtain for himself over $ 6 million, including $ 700,000 in bribes and kickbacks masked as legitimate income he earned as a private lawyer.
State prosecutors portrayed Morris as the driving force in the pension fund fraud scheme that has netted a number of political operatives, financiers and, just recently, former state Comptroller Alan Hevesi.
That wasn't always the case though, as New York's blue sky law was initially weaker than that of many other states, until the New York Supreme Court determined in People v Federated Radio Corporation (1926) that the act's purpose was to «defeat all kinds of fraud in connection with the sale of securities and commodities and to defeat all unsubstantial and visionary schemes in relation thereto whereby the public is fraudulently exploited,» even if the fraud can't be proven to have «originated in any actual evil design or contrivance to perpetrate fraud or injury upon others.»
A former lawyer from Chautauqua County may be facing as much as 20 years in prison and a $ 250 - thousand fine on a federal charge of mail fraud for a nearly three year long ponzi scheme.
The fraud utilized the infamous «visa and airfare» scheme: McCoy and his wife Anna were posing as Russian women seeking marriage and a non-existing Russian marriage agency that would provide women with visas and tickets.
Dating is a stage of romantic relationships in humans whereby two people meet socially with the aim of each assessing the other's suitability as a Learn tips for protecting your computer, the risk of peer - to - peer systems, the latest e-scams and warnings, Internet fraud schemes, and more.
Adapted from the best - selling memoir by Jordan Belfort, the Bronx - born trader whose «pump - and - dump» schemes and penny - stock frauds made him millions - leaving duped investors with busted bank accounts - The Wolf of Wall Street tracks the rise and fall of its merrily debauched antihero, from his brief stint at an old - money brokerage house to his drug - fueled glory days as the CEO of an epic con.
Serebrennikov has been accused of masterminding a fraud scheme from his time as artistic director of the avant garde Gogol Centre and has been placed under house arrest until October by the Russian authorities.
High stakes accountability and incentive system failures, as well as blatant fraud, at Dun and Bradstreet, Qwest, the Heinz Company, and Sears auto repair shops, illustrate that such schemes inevitably bring unintended consequences.
Haili's scheme infuriates Danlin both morally and personally - he will do whatever it takes to expose her as a fraud.
Like swaps and derivatives, this will make the hedge funds more transparent and help prevent fraud such as the Madoff Ponzi scheme.
One on the author's congregation, friends, and extended family, and the good things that they have done as Orthodox Jews, and a book on how the author concluded earlier than anyone else that Scott Rothstein was a fraud, and probably running a Ponzi scheme.
«Affinity fraud almost always involves either a fake investment or an investment where the fraudster lies about important details (such as the risk of loss, the track record of the investment, or the background of the promoter of the scheme).
As a firm believer in the concept of additionality - basically, would the proposed renewable energy project have happened under «business as usual» conditions - he explained that offsets would only gain the upper hand through: «public perception (from closer press scrutiny of REC financial figures); possible consumer fraud lawsuits testing deceptive marketing statutes; and perhaps most importantly a thriving domestic offset market built around regional climate schemes such as the Regional Greenhouse Gas Initiative, AB 32 in California, the Western Climate Initiative, and possibly a national cap - and - trade scheme down the road.&raquAs a firm believer in the concept of additionality - basically, would the proposed renewable energy project have happened under «business as usual» conditions - he explained that offsets would only gain the upper hand through: «public perception (from closer press scrutiny of REC financial figures); possible consumer fraud lawsuits testing deceptive marketing statutes; and perhaps most importantly a thriving domestic offset market built around regional climate schemes such as the Regional Greenhouse Gas Initiative, AB 32 in California, the Western Climate Initiative, and possibly a national cap - and - trade scheme down the road.&raquas usual» conditions - he explained that offsets would only gain the upper hand through: «public perception (from closer press scrutiny of REC financial figures); possible consumer fraud lawsuits testing deceptive marketing statutes; and perhaps most importantly a thriving domestic offset market built around regional climate schemes such as the Regional Greenhouse Gas Initiative, AB 32 in California, the Western Climate Initiative, and possibly a national cap - and - trade scheme down the road.&raquas the Regional Greenhouse Gas Initiative, AB 32 in California, the Western Climate Initiative, and possibly a national cap - and - trade scheme down the road.»
The freezing orders had been obtained by the US Department of Justice as part of its prosecution of an alleged Ponzi fraud scheme called the «Vavasseur Programme», run by an American named Terry Dowdell, in which the defendants had participated.
His previous experience included a 10 - year spell at the South African Department of Justice, latterly as a founding member of the office for serious economic offences, where he worked on cross-border investigations and High Court prosecutions relating to bribery and corruption, stock exchange trading schemes, foreign exchange frauds and manipulations, pyramid investment schemes and financial instrument forgery syndicates.
In a 5 - 4 decision, the country's top court found the major pharmaceutical company should not bear the loss resulting from the scheme, as it should fall on the two banks the employee used to carry out the fraud — TD Canada Trust and Bank of Nova Scotia.
Sualim operated what law enforcement officials refer to as a «sophisticated international fraud scheme» that crossed four continents and swindled millions of dollars from more than a dozen victims.
Know existing and emerging risks: Real estate risks and fraudulent schemes evolve as fraudsters seek to avoid fraud prevention measures.
We should be under no illusion as to the impact of this fraud upon the national economy, where it is estimated to cost the UK more than # 50bn every year with crimes ranging from investment fraud schemes to the hacking of businesses to obtain that most valuable of commodities, personal data.
With the annual cost of fraud in the UK reportedly as high as # 193bn a year, the two - year pilot scheme will see the City of London Police work with the firm to identify, seize and recover assets from criminals, with civil asset recovery litigation running alongside parallel criminal investigations.
She has served as lead trial counsel in bankruptcy and commercial litigation, including alternative dispute resolution, and has considerable experience in handling fraud and Ponzi scheme litigation and bankruptcy appeals, which have resulted in published Ninth Circuit opinions.
In court, his practice covers not only the general range of commercial disputes embraced in his arbitration practice but in addition he has appeared as Counsel in a number of fraud actions involving recovery of stolen property, Ponzi schemes, resolution of disputes between shareholders / joint venturers, breach of fiduciary duty, tortious conspiracy, professional negligence, structured financial products including Islamic finance.
The UK court relied on the Norwich Pharmacal line of authority originally used in commercial situations to order financial institutions, unwittingly used as part of a fraud scheme, to disclose confidential information so injured parties could sue for redress.
For our financial services clients, our Civil Fraud Recovery Group assists in civil recovery efforts and unraveling schemes such as mortgage frauds, securities frauds, and other forms of misrepresentation and deceit.
Recent notable federal cases include representing a college student charged with conspiracy to obstruct justice in the aftermath of Boston Marathon bombing; a pharmacist charged with a multimillion - dollar online prescription drug fraud scheme in the SDNY; and a prominent rabbi charged with kidnapping as a result of an...
As stated in Judge Chen's decision, a claim of aiding and abetting fraud requires proof that (1) WAMU had actual knowledge of the illegal activity being committed, and also (2) that the bank substantially assisted the scheme.
Since September 2016, Jameson has worked at the Michigan's Department of Attorney General in the Health Care Fraud Division, where he has assisted the state of Michigan in recovering funds related to Medicaid & Medicare fraud, as well as elder abuse, Stark, and kickback schemes.