Sentences with phrase «systematic fraud by»
On August 2, 2005, CIBC paid US$ 2.4 billion to settle a class action lawsuit brought by a group of pension funds and investment managers, including the University of California, which claims that «systematic fraud by Enron and its officers led to the loss of billions and the collapse of the company.»
https://www.financialcanadian.com/ Not exact matches
Frances Crook, chief executive of the Howard League for Penal Reform, said: «The possibility of systematic fraud of the public purse on a massive scale by profiting companies diminishes justice.»
They obtain their billion - dollar earnings by perpetrating systematic fraud against vulnerable single people who simply don't know better.
A judgment was issued in which the judge noted that there was potential for fourteen types of fraud connected with postal voting and that these were utilized in the Birmingham Council elections where there was systematic large - scale rigging of postal votes to which the police had only marginally responded, despite being forewarned by some of the candidates that the election was going to be subject to fraudulent practices.