Sentences with phrase «fraudulent activities of the company»

Even if the ICO turns out to have failed due to fraudulent activities of the company's officers and directors, a loss from stock tradable on the open market is almost always treated as a capital loss.

Not exact matches

There are many applications of the tool, including testing new Uber features by the company's employees, launching marketing initiatives, preventing fraudulent activities, protecting drivers from physical harm, and deterring riders from using the Uber app in ways that violate Uber's terms of service.

Hodge said: the department had been forced to follow up allegations brought to the committee's attention after MPs heard evidence from whistleblowers who alleged that private companies were at the centre of fraudulent activity.

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».

The EFCC claimed that the N3.3 billion was realised from Shagaya's «alleged fraudulent activities in the Nigerian National Petroleum Corporation, (NNPC), where she allegedly influenced an allocation of Dual Purpose kerosene to a company, Index Petrolube Africa Ltd., with the aid of the former First Lady,

21CBH — Apr 27 - Jiayuan.com, China's largest online dating site, is facing a class action lawsuit that could hamper its IPO in the U.S. Liu Qing, a user of the company's premium service, is accusing Jiayuan.com of aiding fraudulent activity on its services.

You don't want to put the health of your company at risk by opening it up to fraudulent activity.

When you suspect fraudulent activity and need to report identity theft, contact one of the credit reporting companies and request that it place an initial fraud alert on your credit report.

The scientists pointed out that the company still supported, for instance, the American Enterprise Institute, whose fellow, Jonah Goldberg, falsely told Fox News in 2014 that it was «utterly fraudulent» that 97 percent of scientists actively doing research into climate change back the theory that it is driven by human activity, mostly fossil fuel use.

Fraudulent activities can range from the transfer of assets to another company that a shareholder owns, or misrepresentation of financials to lenders to obtain financing.

Med Mining v Nusantara: acted as sole counsel in a substantial Commercial Court trial (against leading counsel for both other parties) relating to the activities of a mining company in the Far East, involving contractual claims and alleged fraudulent breaches of fiduciary duty.

Med Mining and Minerals Limited v Nusantara (2015): acted as sole counsel in a substantial Commercial Court trial (against leading counsel for both other parties) relating to the activities of a mining company in the Far East, involving contractual claims and alleged fraudulent breaches of fiduciary duty.

Shareholders are never held liable for the debts of their companies unless fraudulent activities have taken place and the corporate veil has been pierced.

But not long before I arrived, the company had collapsed and George Tan and others had been arrested on a multitude of charges involving fraudulent activities connected with the company.

However, the law lords found Moore Stephens not liable, on the basis Stojevic's conduct was to be treated as that of the company, and therefore the loss Stone Rolls claimed arose from its own fraudulent activities.

To avoid any kind of disenchantment, read about the company over the internet, see if it is a listed and trustworthy name, and also that it has no history of fraudulent activities.

Even any fraudulent activity like not declaring correct age can result in rejection of claim by the insurance company

The insurance industry has many decades of experience in detecting fraudulent activity, so even as organized fraud rings are on the rise it is still evident that the chance of an average person pulling one over an insurance company is not very good.

If the company is rejecting the claims on genuine grounds as mentioned in the above pointers, then it is fine but if the company is involved in fraudulent activities of not paying the sum assured to the insured even when the claims are genuine, the insurance company can not be trusted.

Following reports and rumors of the pre-sale of its coins, Kakao Corp issued a notice stating, «we are concerned about the damage caused by the fraudulent activity of the distributor,» clarifying that the company is «preparing to establish a blockchain subsidiary.»

The receiver claimed that, because salespeople at the brokerage learned of the deceitful activities of the company before the transactions had closed, the commissions constituted «fraudulent conveyances.»

122 DOS 98 Matter of DOS v. Hazor — proper business practices; sales associate as officer of company; corporate broker dissolved by proclamation may only carry on business required for winding up its affairs; engaging in licensed activity and submitting license renewals after dissolution by proclamation constitutes fraudulent practices; failure to comply with DOS request to appear and for production of documents along with failure to comply with subpoena violates RPL § 442 - e (5); licensed salesperson violates RPL § 441 - b (2) when he serves as an officer of the corporation; brokers and salesperson's licenses revoked