Sentences with phrase «companies committing fraud»

If you have knowledge of companies committing fraud against the Federal Government, there's a law that offers you protection and entitles you to share in any settlement.

Murphy ruled Dec. 30 that the city could not require COR to return the land even if the city proved its allegations that the Fayetteville - based development company committed fraud while negotiating its purchase of the land from the city.

Remarkably, with people related to the matter detained and amid accusations that his former company committed fraud, Jia's speaking out.

Not exact matches

Shares in Sino - Forest, a TSX - listed company that operates forestry plantations in China, have plummeted 68 % since a research firm issued an extensive report on Thursday accusing the company of committing a fraud of «stratospheric» proportions.

It's worth asking how someone could commit nearly a billion dollars of fraud and now just lose control of her company.

«Criminals use U.S. shell companies to commit financial fraud, drug trafficking, even terrorist financing, in part because our states don't require anyone to name the owners of the companies they form,» Levin said in an email to Reuters.

The Ranbaxy debacle crossed a crucial threshold in the fall of 2004, when a senior company executive disclosed to a subcommittee of the Board of Directors that the company had committed a massive and ongoing fraud, and that over 200 drug products in more than 40 countries had been submitted to regulators with elements of fabricated data.

Ackman's allegations aren't evidence that Herbalife committed fraud, so investor Abdul Awad and two pension funds that joined his suit can't show that losses they suffered were caused by the company's alleged misrepresentations, U.S. District Judge Dale S. Fischer in Los Angeles wrote in a March 16 ruling.

The expansion of the board is at the heart of the lawsuit: Benchmark says Kalanick committed fraud by pitching a board expansion while not informing them of the true crises the company was managing under his leadership.

Companies over-promise and under - deliver, or encourage people to commit fraud — and that's when they don't simply disappear with your money.

Percoco, a South Salem resident, was found guilty of two counts of conspiracy to commit honest services wire fraud and one count of solicitation of bribes or gratuities earlier this year and acquitted of two extortion charges related to his acceptance of $ 300,000 in bribes to benefit Competitive Power Ventures, an energy company that sought to build the power plant in the Hudson Valley.

He may have committed fraud and money laundering by using shell companies to buy property, including a Trump Tower apartment.

Joseph Percoco, a South Salem resident, was found guilty of two counts of conspiracy to commit honest services wire fraud and one count of solicitation of bribes or gratuities and acquitted of two extortion charges in March related to his acceptance of $ 300,000 in bribes to benefit Competitive Power Ventures, an energy company that sought to build the power plant in the Hudson Valley.

Percoco was charged with the following felonies: conspiracy to commit extortion under color of official right; extortion under color of official right; two counts of conspiracy to commit honest - services wire fraud related to alleged bribes from two companies; and solicitation of bribes or gratuities from the two companies that allegedly paid him more than $ 300,000 between 2012 and early 2015, when he last left Cuomo's office for good.

The jury found Joe Percoco guilty of two counts of conspiracy to commit honest services wire fraud and one count of soliciting bribes from an energy company.

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».

Percoco was convicted of two counts of conspiracy to commit honest - services fraud in a pair of pay - to - play scams that $ 300,000 from execs at two companies doing business with the state.

Masarah - Cynthia Paquet - Clouston, a criminologist with the University of Montreal, and Olivier Bilodeau, a cybersecurity researcher at Montreal - based company GoSecure, have uncovered a large botnet that recruits everyday devices such as connected toasters, fridges or even your grandmother's router to help commit social media fraud.

The US Navy found that the company had committed widespread radiological data falsification, doctored records and supporting documentation, and covered - up fraud at the Hunters Point Naval Shipyard cleanup project in San Francisco, CA.

TRUE offers criminal background checks, as well as marital background checks, and the company says it will prosecute anyone who commits fraud on their Web site.

The company also has an industry - leading customer care team that is committed to solving any and all queries members have, as well as helping to fight online fraud.

This lawsuit, which was previously unreported, claims that Apple committed fraud when a company, called IP Application Development Ltd., was set by one of Cupertino's law firms to purchase the iPad trademark from Proview, in December 2009, for $ 55,000.

After all, the company has to make sure that you're not using someone else's information to commit fraud.

Your insurance company can not cancel your policy more than 60 days after it was purchased unless you fail to pay your premium, commit fraud, significantly alter your home so that the carrier deems it is no longer insurable, or if the home is vacant.

If you follow a credit repair company's advice and commit fraud, you might find yourself in legal trouble.

Then again, we have lots of questions for the Compensation Committee which includes James Caan, the 78 year old actor (about whom NETE says «We believe that Mr. Caan's tenure working as an actor and director in the film and television industry, qualifies him to serve as a director of the Company «-RRB- and of Jon Najarian of CNBC (whom as this story explains, we believe has committed securities fraud by failing to file Form 4s for NETE stock he claims to have purchased).

honestly, a reputable insurance company will usually pay out a claim even under questionable liability, as long as you were not attempting to commit fraud.

The SEC's primary compliance mechanism is prosecuting civil cases against companies and individuals that commit fraud, disseminate false information or engage in insider trading.

As for paying a moving company with a credit card, you may have some additional protections if your mover makes off with your belongings or commits fraud, but the rules are less clear when it comes to damage.

If there are companies — whether utilities or fossil fuel companies — committing fraud in an effort to maximize their short - term profit at the expense of the people we represent, we want to find out about it and want to expose it and we want to pursue them to the fullest extent of the law, prosecute them to the fullest extent of the law.

«If there are companies — whether utilities or fossil fuel companies — committing fraud in an effort to maximize their short - term profit at the expense of the people we represent,» he continued, «we want to find out about it and want to expose it and we want to pursue them to the fullest extent of the law, prosecute them to the fullest extent of the law.»

Investigators are using the discovery process to look for evidence that the oil and gas giant has been downplaying and disregarding risks associated with climate change in its communications to shareholders, to the extent the company has committed securities fraud.

This means that people who commit auto accident fraud raise the insurance premiums for all auto drivers; the insurance companies need to pad their profits to deal with bogus claims.

In a separate action brought by the victim of the fraud, the company and its managing director were found liable for a fraud of USD 94.5 m committed by Stojevic using Stone & Rolls as a vehicle for the fraud.

But when it comes to serious fraud — the big ticket crime committed by banks, companies and their employees — there is little serious data,...

Barclays, Varley and Jenkins are separately charged with conspiracy to commit fraud by false representation in relation to the October 2008 capital raising, contrary to the Fraud Act 2006 and the Criminal Law Act 1977, and unlawful financial assistance contrary to the Companies Act 1985.

At NPR, we help corporations focus on identifying and pursuing opportunities to recover money they are legally entitled to because another company breached a contract, overcharged them, engaged in anti-completive conduct or committed fraud.

Mr. Meier represents a full range of clients, including executives and companies faced with internal corporate fraud or other white collar investigations, public officials and other professionals under investigation for alleged corruption or ethical violations, private individuals alleged to have committed serious felonies, sexual assaults, or death - related crimes, and students facing disciplinary proceedings at academic institutions.

Within Maravela Asociații, Ioan proved a set of impressive professional abilities, successfully coordinating extremely complex disputes, most recent highlights including: representation of a central authority in a dispute encompassing 17 separate court files with a multimillion EUR value concerning an important privatized company; representation of a global producer of sports equipment with regard to a multimillion Euros contract fraud committed by one of their commercial partners; coordination of several portfolios composed of tens of litigious files entrusted by leading multinational companies, etc..

If you know of a Bank fraud being committed by a company or an individual against the government, please Contact the Boston Whistleblower Law Firm of Altman & Altman to schedule a Free Initial Consultation with one of our experienced Qui - Tam Lawyers.

Seeking hundreds of millions of dollars in damages, plaintiffs filed a putative class action alleging that Boeing Company, along with its CEO and the head of its commercial aircraft division, committed securities fraud in violation of federal law.

Together they seek $ 400 million in damages from the Appellants (individuals and companies residing in and / or carrying on business in Guatemala) for conspiracy to commit tortious acts, breach of fiduciary duties, fraud and abuse of process, and unjust enrichment.

Then in August, the OSC halted trading of the stock and said that insiders at the company, including former chief executive Allen Chan, committed acts that they «know or reasonably ought to know perpetuate a fraud.»

The Globe and Mail reported Nov. 10 that the probe will centre on whether senior executives committed fraud by overstating the value of the company's forest assets and its revenue.

They also rightly said that the duty of an auditor could not be expressed in terms of a duty to prevent a fraud being committed against or by the company audited.

The defendant argued with reference to Reeves that creditors of the claimant should not obtain via a company which had committed a fraud against them compensation from the auditors to the company which they could not in law obtain direct.

If it is determined that fraud or misrepresentation has been committed during the initial application process, the life insurance company has a legitimate right to deny the claim.

If your car insurance company believes you were intentionally hiding the driver — say your girlfriend has a bad driving record — then it may say you committed fraud by means of misrepresentation.

It is the burden of the insurance company to prove that an applicant for insurance lied or committed fraud during the application process.

The second is the fraud committed by the insurance companies on the shareholders, regulators and tax authorities.