Word: fraud
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Dates: during 1970-1979
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Regarding inflation, our politicians are incredibly stupid, greedy and truth-hiding. With a budget deficit of more than $52 billion, the Fed is pouring a billion play dollars into the economy each week. What else can these no-brainers expect? The solution: cut out the fat, fraud, reckless giveaway programs and psychotic spending, and the budget could be balanced...
...affair quiet. They hoped to protect Begelman, whose smash films (Close Encounters, The Deep) had saved the company. But Hirschfield insisted on suspending Begelman and revealing his wrongdoings. With that, Hirschfield lost support of the board powers, notably his longtime mentor, Investment Banker Herbert Allen. Begelman was indicted for fraud and placed on probation for three years. Even so, he has a $1.5 million three-year contract as an independent producer for Columbia...
News of the impending birth of a baby conceived in a test tube caused scant surprise-or suspicion-among scientists and doctors. That was a far cry from their reaction last March, when they challenged as a "fraud" and a "hoax" a book called In His Image that claimed a baby boy had been cloned from a 67-year-old millionaire. The difference was that the test-tube fertilization had been performed by two respected scientists whose accomplishments and progress had been described in many published papers. But Image did not identify the clone or the cloner, and offered...
...sales involved only a piece of paper being shuffled between desks; the actual oil never changed location. The most celebrated case to date involved the rip-off of Florida Power for as much as $8.5 million. Since that fraud was made public last August by the St. Petersburg Times, FBI agents have uncovered but not yet publicly identified other daisy chains, some apparently centering in Houston. Grand juries are said to be probing into these operations...
...former auditor of the old Federal Energy Administration, Dale Kuehn, went public to describe how his memos suggesting that cases should be "prosecuted with dispatch" were habitually ignored. A DOE investigator, Joe McNeff, went to the subcommittee in June; he said he found in Houston "$1 billion worth of fraud, four auditors, no secretary and no support...