Sentences with phrase «of embezzlement of funds»

Former Senate Majority Leader John Sampson was sentenced to five years in prison for obstruction of justice and lying to investigators during a probe of embezzlement of funds from foreclosed properties and a subsequent coverup.

Former New York state Sen. John Sampson was sentenced to five years in prison for obstruction of justice and lying to investigators during a probe of embezzlement of funds from foreclosed properties and a subsequent coverup.

Not exact matches

Reports from South Korea claim that three cryptocurrency exchanges in the nation have now been raided by the Seoul Southern District Prosecutor's Office over embezzlement of customer funds.

In January, the Financial Services Commission of the nation had hinted that they were indicating exchanges suspected of insider trading, as well as embezzlement of customer funds.

It has not been long since the Panjab National Bank (PNB) fell victim to India's biggest bank fraud involving alleged embezzlement of funds worth...

A pair of youth sports embezzlement cases that unfolded in Michigan this past month illustrates once again the importance of having the proper safeguards in check to protect your program's funds.

As expected, former Queens Sen. Shirley Huntley has pleaded guilty to a mail fraud charge stemming from her embezzlement over a three - year period of $ 87,700 from Parents Information Network, Inc. — a nonprofit that received public funds to (ostensibly) help educate parents about the New York City public school system.

As if to illustrate the findings of the State Integrity Investigation, the federal corruption trial of former state Senator Pedro Espada, Jr., continued this week, with Judge Frederic Block excoriating Espada's attorney for using questionable courtroom tactics, and with Espada characterized during trial as a «puppet master» for his alleged embezzlement of funds from the Soundview Healthcare Network.

Secrecy hinders criminal investigation and fosters criminality and corruption such as insider trading, market rigging, tax evasion, fraud, embezzlement, bribery, the illicit funding of political parties — and much more.

We have the Public Accounts Committee that has unraveled a lot of corruption and embezzlement of funds in the Auditor General's report.

The former state Senate Majority Leader and his son are charged with theft, embezzlement, and misapplication of federal funds, as well as conspiracy to commit wire fraud.

The arrest of two former employees of the Central New York SPCA for allegedly stealing funds from the animal shelter shines a light on the issue of embezzlement at nonprofits.

Sports News of Saturday, 12 May 2018 Source: GHANAsoccernet.com Kweku Sakyi Quashie Communications Director of Hearts of Oak, Kwame Opare Addo has rubbished claims that Corporate Affairs Manager of the club, Kwaku Sakyi was sacked over embezzlement of funds.

Obiang junior is wanted in France on suspicion of embezzlement, corruption and stealing public funds.

Here's the moment state Sen. John Sampson realized the game was up — when prosecutors say his scheme to cover up his embezzlement of funds from foreclosure deals came crashing...

In a March article, investigative reporter Wayne Barrett noted that William Rapfogel, a close ally of Silver who had pleaded guilty in a social services nonprofit embezzlement scheme, was able to pay the bulk of $ 3 million in restitution through a fund whose donors were shrouded in secrecy.

Charles Antonucci, the former president of the Park Avenue Bank, pleaded guilty in federal court to defrauding the TARP fund, securities fraud, self - dealing, bank bribery and the embezzlement of bank funds.

The judge was also reportedly sanctioned for his decision to grant an interlocutory injunction stopping the EFCC from investigating and arresting Senator Stella Oduah, a former Minister of Aviation, who was accused of embezzlement of public funds and acts of fraud in contracts.

In August, Huntley pleaded not guilty to a separate conspiracy charge, which accused her of covering up the embezzlement of about $ 30,000 in taxpayer funds earmarked for another nonprofit she founded in Nassau County.

He's been indicted for several tax counts and misapplication of federal funds, as well as further conspiracy to commit theft and embezzlement charges.

Pedro Espada is already facing federal theft and embezzlement charges over his use of funds meant for his Soundview Health Clinics in the Bronx, but the feds didn't stop there.

Last week alone brought the sentencing of former Democratic Sen. Shirley Huntley, who will serve a year and a day for siphoning funds from an education nonprofit, and the arrest of Sen. John Sampson on embezzlement and obstruction of justice allegations.

In the wake of state Senator John Sampson's indictment over the alleged embezzlement of escrowed foreclosure funds, a new rule in Kings County Supreme...

Fresh documents intercepted by ABC News has revealed that the so called embezzlement of about Ghc500, 000 endowment fund for workers...

The New York State Inspector General's Office says it is continuing its investigation into the embezzlement of funds from the University at Buffalo by two former employees, including a longtime vice president.

The superintendent of the West Fresno Elementary School District in California has been charged with embezzlement and theft of public funds.

Embezzlement is essentially the personal use of public funds by someone or persons that the funds were entrusted to.

There have been perennial instances of embezzlement, theft, misuse of public money, and just plain mismanagement of funds in non-charter public schools and within Georgia school districts.

The two were found guilty in April of misappropriating more than $ 200,000 in public funds, embezzlement and other charges when they operated the independent charter, Ivy Academia, in West Hills.

CHARLESTON, S.C. (WCIV)-- The former president of the Charleston Animal Society who stepped down from the post more than a year ago has been charged with embezzlement of public funds.

While the most common type of embezzlement involves an employee transferring corporate funds into his or her personal bank account, other forms of embezzlement include:

He has also led internal investigations involving the embezzlement of funds from a corporation's employee benefits plan, an employee who stole money and clients from his firm, and a highly sensitive sexual misconduct scandal at an elite local prep school.

An extradition because of the accusation of embezzlement of public funds according to Art. 432, 252 of the Spanish Criminal Code, on the other hand, does not appear ab initio inadmissible.

Secured a $ 3.3 million judgment against a former general manager of a division of a Fortune 500 motion control equipment manufacturer in an intricate employee embezzlement case involving the theft of more than $ 400,000 in company funds.

In a jolt of bad news for cryptocurrency enthusiasts, several executives from South Korean digital exchanges have been detained for questioning regarding alleged embezzlement of users» funds.

For the first time in South Korea, cryptocurrency executives in two of the country's largest cryptocurrency exchanges were detained following allegations of customer funds embezzlement.

An audit mechanism was then to be established to audit every account to prevent diversion or embezzlement of cryptocurrency funds.

At the same time, the operators of the businesses are being charged with embezzlement of customer funds.

Does the Qualified Intermediary («Accommodator» or «Facilitator») maintain sufficient fidelity bond coverage to insure against employee theft or embezzlement of the 1031 Exchange funds?

They are (1) depth of experience and expertise; and (2) employee error or omission; (3) employee theft or embezzlement of funds; and (4) a bankruptcy filing by the Qualified Intermediary.

This should be a major concern for you for the simple reason that human error is a much more likely occurrence than theft or embezzlement of funds, and is more difficult to protect against with internal controls and processes.