Word: defraud
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...teaching profession gets generally low marks in Silber's book. He lambastes U.S. schools of education as an "unintentional conspiracy to defraud the American public because they are certifying the ineducable to be educators." To draw a better pool of prospective teachers, he suggests scrapping the current time-consuming four-year certification program in favor of rigorous qualification tests and one semester of pedagogy and practice teaching. In another controversial view, he believes that high school teachers should score an A on a freshman-level college exam in their subject before being allowed to teach...
...charges include six counts of lying to Congress and withholding information; obstructing a presidential inquiry and making false statements to investigators; altering, shredding and concealing documents; receiving an illegal gratuity, a security system at his home; stealing money from an Iran-Contra account and conspiring to defraud the Internal Revenue Service...
...Enough to Defraud, Old Enough to Drink: Before it reformed the procedure for obtaining a liquor purchase I.D., the Massachusetts Registry of Motor Vehicles issued an average of almost 6000 liquor purchase I.D.'s per month...
...expected to be indicted on criminal charges for many of the same alleged securities violations described ; in a civil case that the Securities and Exchange Commission filed in September. The SEC accused Milken of, among other offenses, manipulating stock prices to reap millions of dollars in illicit profits and defraud his clients. The lawsuit portrayed Milken as a zealous dealmaker whose disrespect for tradition led him to disregard the law as well. A suburban Los Angeles native who attended Wharton Business School, Milken was the pioneer of junk bonds as a financing technique for midsize companies and later...
...could heavily damage Drexel, the fifth largest U.S. investment firm and the fastest-growing powerhouse on Wall Street. Rudolph Giuliani, the U.S. Attorney for the Southern District of New York, is likely to follow the SEC in accusing Drexel and Milken of collaborating with convicted arbitrager Ivan Boesky to defraud the firm's clients, trade on insider information and conceal the true ownership of stocks -- all, presumably, in the pursuit of greater profits and power. Milken's lawyers, for their part, accuse the Government of a vindictive campaign based solely on self-serving testimony by Boesky. The potential racketeering charges...