Word: fraud
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Dates: during 1950-1959
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Most of the fakes were submitted as originals only accidentally. As one member of the Fogg staff explained, the paintings were often gifts to their student owners. In the case of the Dufy, for example, the fraud seems innocently inept. Only a portion of the original painting is reproduced -- the portion chosen by the milk company. The painting's prominent position in the exhibition is owing at least in part, to the fact that its owner offered it late, as an after-thought...
...last week. Fancy Financier Alexander L. Guterma (TIME, Feb. 23) took time out to pass his own sentence. Bleated he: "I'm a mortally wounded animal. I've been completely ruined and discredited before any determination by the courts." There was little doubt that Guterma, charged with fraud by SEC, spoke the truth...
...year. Too much business and industry is run as an old family affair, grossly inefficient, protected by high tariffs. Yet Galo and his successors down to Conservative President Ponce Enriquez have brought hope for the future and, above all, freedom. Almost daily one paper or another roasts Ponce for "fraud, deceit and treason." The President ignores them all. "Neither calumny nor insult disturbs me," he says. "I have given the press free rein...
...FRAUD AND DECEIT" is charged by SEC against Reynolds & Co., one of biggest brokerage houses. Chief charge in hearings opening this week: a few Reynolds employees in California touted cheap mining stocks that later slumped. Reynolds expresses "surprise and shock" at case; the men under fire are no longer with firm...
...Paul Dispatch and the A.P. still hoped the story was legitimate, but they found it hard to answer the Portland Oregonian's Assistant Managing Editor Edward M. Miller, who had exposed the same old yarn as a fraud in 1935. He wired A.P.: THAT GAL MUST BE GETTING