Sentences with phrase «by fraudulent accounting»

Oh yes, there IS a «short» thesis about how the company is only a house of cards built on serial acquisitions and supported by fraudulent accounting, but I think that Ebix's cash generation over the past couple of years disproves this theory entirely.

Dividend are real, they can't be faked or brought about by fraudulent accounting.

Posey also asked whether demographics played a role in who was affected by the fraudulent accounts.

Not exact matches

WeChat announced last week it would start to «protect [WeChat users»] experience and interests» by closing down fraudulent and illegal accounts.

Fraud attempt rates by volume have increased by 30 percent compared with 2014 as consumers shop with more devices online and card issuers are slower to shut down accounts after fraudulent activity.

2 The mules receive the fraudulent funds in their personal accounts and are then directed by the subject to quickly transfer the funds using wire transfer services or another bank account, usually outside the U.S.. Upon direction, mules may sometimes open business accounts for fake corporations both of which may be incorporated in the true name of the mule.

The fact is that most of FNM / FRE's «profitablity» has been driven by the same fraudulent «mark to model» accounting that has generated most the big bank profits since 2009.

On September 8, 2016, the Consumer Finance Protection Bureau (CFPB) announced a $ 185 million fine against Wells Fargo for the fraudulent creation of millions of credit and deposit accounts by its employees, who abused their access to existing customer information in order to meet aggressive sales quotas and incentives.

New York Assembly Speaker Sheldon Silver is under arrest and $ 3.8 million in eight different bank accounts held by Silver have been seized, as federal prosecutors accuse the Speaker of running two fraudulent and corrupt schemes.

Assembly Speaker Sheldon Silver is under arrest and $ 3.8 million in eight different bank accounts held by Silver have been seized as federal prosecutors accuse the Speaker of running two fraudulent and corrupt schemes.

The public is advised to contact the relevant Government institutions for any official requirement or need they may have and not respond to fake personal social media account promises by unknown fraudulent people.»

Fraudulent accounts backed by Russians may have purchased ads on Facebook during the election, the social media giant acknowledged on Wednesday.

One of the counts reads: «That you Dr. Raymond Dokpesi and Daar Investment and Holding Company Limited between October 2014 and March 19, 2015 in Abuja, conducted procurement fraud by means of fraudulent and corrupt act, to wit: receipt of payment into the account of Daar Investment and Holding Company Limited with First Bank of Nigeria Plc of public funds in the sum of N2, 120,000,000 from the account of the office of National Security Adviser (NSA) with the Central Bank of Nigeria for the funding of media activities for the 2015 presidential election campaign for the People's Democratic Party (PDP) and you thereby committed an offence contrary to section 58 (4)(b) of the Public Procurement Act, 2007 and punishable under Section 58 (6) & (7) of the same Act».

«That you Mohammed Ahmed Katun while serving as an Assistant Director, Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»

He, however, declared the payment of $ 1.092 billion in the Malabu oil deal into an escrow account at JP Morgan, London, by the former ministers as fraudulent, stressing that the money should have been paid into the Federation Account or the Consolidated Revenuaccount at JP Morgan, London, by the former ministers as fraudulent, stressing that the money should have been paid into the Federation Account or the Consolidated RevenuAccount or the Consolidated Revenue Fund.

Other programmers designed a neural network to detect credit card fraud by exposing it to purchase histories of good versus fraudulent card accounts.

The student also admitted in the lawsuit that he sent emails to two teachers from his own account asking about his grades, and those emails included the link to the fraudulent website created by the other student.

Total Boox may, without notice, and without refunding any fees, disable User's account and User's access to use the App and / or the Services and Total Boox may recover from User any losses, damages, costs or expenses incurred by Total Boox resulting from or arising out of User's non-compliance with any provision of these Terms, improper or fraudulent activity in connection with the Services, or any other acts of the User that may cause legal liability or financial loss to Total Boox, its affiliates and / or users.

Amazon has laid out five arbitration demands in a complaint filed with the American Arbitration Association (obtained by TechCrunch, see below), accusing the involved parties of offering services to boost the number of pages read in books, fraudulent customer reviews, creating fake user accounts to download e-books and inflate the numbers and other schemes to boost the amount of royalties authors and publishers were able to pull from Amazon's self - publishing platform.

Don't get played by the likes of Lehman and their fraudulent accounting.

Thieves can try to steal your rewards by sending unsolicited emails that ask you to either download an attachment containing a virus or request that you update your account information through a fraudulent website.

It may take a little time for them to sort things out, but once they do, you should see the errors or fraudulent accounts fall off by the next reporting cycle, says Crum.

It can also help you fight identity theft by making sure no one is trying to use your name or personal information to open fraudulent accounts.

By reviewing your account regularly, you'll be able to more easily spot fraudulent activity.

While the higher minimum payment Chase probably can justify since the balance transfer offer didn't specify it would be different than the card's overall terms (although if they aren't applying it uniform to all cardholders, that could be a problem for them), changing the interest rate on the promotional offer by imposing this new «service fee» on exactly the same accounts still benefiting from such an offer is outright fraudulent if you ask me.

Prohibited acts.A credit services organization, a salesperson, agent, or representative of a credit services organization, or an independent contractor who sells or attempts to sell the services of a credit services organization shall not: (1) Charge a buyer or receive from a buyer money or other valuable consideration before completing performance of all services, other than those described in subdivision (2) of this section, which the credit services organization has agreed to perform for the buyer unless the credit services organization has obtained a surety bond or established and maintained a surety account as provided in section 45 - 805; (2) Charge a buyer or receive from a buyer money or other valuable consideration for obtaining or attempting to obtain an extension of credit that the credit services organization has agreed to obtain for the buyer before the extension of credit is obtained; (3) Charge a buyer or receive from a buyer money or other valuable consideration solely for referral of the buyer to a retail seller who will or may extend credit to the buyer if the credit that is or will be extended to the buyer is substantially the same as that available to the general public; (4) Make or use a false or misleading representation in the offer or sale of the services of a credit services organization, including (a) guaranteeing to erase bad credit or words to that effect unless the representation clearly discloses that this can be done only if the credit history is inaccurate or obsolete and (b) guaranteeing an extension of credit regardless of the person's previous credit problem or credit history unless the representation clearly discloses the eligibility requirements for obtaining an extension of credit; (5) Engage, directly or indirectly, in a fraudulent or deceptive act, practice, or course of business in connection with the offer or sale of the services of a credit services organization; (6) Make or advise a buyer to make a statement with respect to a buyer's credit worthiness, credit standing, or credit capacity that is false or misleading or that should be known by the exercise of reasonable care to be false or misleading to a consumer reporting agency or to a person who has extended credit to a buyer or to whom a buyer is applying for an extension of credit; or (7) Advertise or cause to be advertised, in any manner whatsoever, the services of a credit services organization without filing a registration statement with the Secretary of State under section 45 - 806 unless otherwise provided by the Credit Services Organization Act.

You don't need both because a credit freeze ostensibly prevents any new lenders from opening fraudulent accounts by denying access to your credit report, a necessary step for credit approval.

Checks containing an alteration on the front of the check, or which you know or suspect, or should know or suspect, are fraudulent or otherwise not authorized by the owner of the account on which the check is drawn

Protect yourself from fraudulent charges and identity theft by checking your bills and account statements every single month to make sure they match your receipts and usage.

But if you discovered fraudulent accounts by other means, contact the company the charge was made with.

Checks containing any alteration of which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn.

A credit freeze is effective at stopping new accounts from being opened, but you'll still need to monitor existing bank and credit accounts for fraudulent activity, since existing accounts are not affected by a credit freeze.

By checking your credit periodically, you'll be able to easily see if there's been any unauthorized or fraudulent activity associated with your name and Social Security number, such as new credit card accounts that you don't recognize or didn't open, or a new address that isn't where you live.

Essentially what they will do is if you lose your wallet, they will help you out by notifying your credit card companies about the situation (which will help protect you from fraudulent charges), and they will also provide you with cash from your account, if needed.

Phony debt collectors can use your information to commit identity theft by charging your existing credit cards, or opening new credit card, checking, or savings accounts, writing fraudulent checks, or taking out loans in your name.

Instead, together with its network of Front DSCs, it loots customers» escrow accounts by withdrawing exorbitant and abusive fees pursuant to debt settlement contracts that are wholly fraudulent and known to NoteWorld to be so.

As Adam notes, «Check your credit reports; review your bank and credit card account activity daily to protect against fraudulent activity; sign up for programs offered by financial institutions that notify you when transactions post; don't provide personal information to people you don't know; and don't needlessly apply for credit but always be looking for the best deals, rates and rewards.

Steps to clear fraudulent accounts set up by a parent — A minor is not morally, financially or legally responsible for the debt incurred fraudulently by a parent.

Steps to clear fraudulent accounts set up by a parent — A minor is not morally, financially or legally responsible for the debt incurred fraudulently by a parent.

The Target REDcard credit card issued by TD Bank does have online account access, chip and pin technology and no liability for fraudulent charges.

You can move your points, but only to another Chase card with Ultimate Rewards belonging to you, or one member of your household.If we suspect that you've engaged in fraudulent activity related to your credit card account or Ultimate Rewards, or that you've misused Ultimate Rewards in any way (for example by buying or selling points, moving or transferring points with or to an ineligible third party or account, or repeatedly opening or otherwise maintaining credit card accounts for the sole purpose of generating rewards) we may temporarily prohibit you from earning points or using points you've already earned.

If your card is used by others to make fraudulent transactions you will not be held responsible, provided that you didn't share your account and personal information with anyone and that you can provide the requested information.

Putting a financial value on trees that could otherwise be cut down is viewed with deep suspicion by campaigners, who warn of land grabs and fraudulent accounting in host countries.

«Fund Transfer fraud means the fraudulent... electronic... instructions issued to a financial institution directing such institution to transfer, pay or deliver money or securities from any account maintained by an insured at such institution without an insured's knowledge or consent.»

We are also told, again by the chancellor, that if there are fraudulent withdrawals from individual bank accounts then under the Banking Code the banks will reimburse their customers.

For the past two and a half years years, Tom Kirkendall of Houston's Clear Thinkers has been offering continuing coverage of the long, tragic story of Jamie Olis, a midlevel executive at Dynegy who was sentenced by federal district Judge Sim Lake to a 24 - year prison term for his involvement in a fraudulent accounting scheme.

We have represented clients in grand jury investigations regarding, among other things, possible fraud by employees who have manipulated the books and records of their employer, trustees who have misstated the assets of trusts, government contractors who have submitted claims for payment based on fraudulent accounting, and auto dealers who have falsely reported inventory.

The insurance policy covered losses resulting from «funds transfer fraud», which the policy defined as «fraudulent... instructions issued to a financial institution directing such institution to transfer, pay or deliver money or securities from any account maintained by an insured at such institution without an insured's knowledge or consent».

As reported by the ABA Journal, the Minnesota law firm of Milavetz, Gallop & Milavetz (MGM) has sued Wells Fargo Bank for cashing a fraudulent check in the amount of nearly $ 400,000 from MGM's IOLTA account.

Why it matters: Imagine the havoc someone could cause sending misinformation from a presidential aide's account: Such fraudulent messages could be used in phishing campaigns, to spread misinformation to careless reporters, or to embarrass White House employees by sending fake tirades under their names.