Sentences with phrase «allegedly taking part in a scheme»

There are three British bankers — the so - called Natwest Three — extradited to the United States for allegedly taking part in a scheme involving former Enron executive Andrew Fastow to acquire ownership of a Cayman Islands investment company at far below worth.

Not exact matches

Thus, it concluded, investors could not have relied upon the banks and brokers» failure to disclose publicly the nature of the Enron scheme in which they allegedly took part... Making third parties liable in the circumstance in this case, the Circuit Court said, «gives rise to confusion about the extent of secondary actors» obligations and invites vague and conflicting standards of proof in divers courts.»