Word: fraud
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Dates: during 1970-1979
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That in no way could excuse what the indictments contend has happened in New York, where a Brooklyn federal grand jury charged 40 individuals and ten firms with 500 specific criminal acts, including bribery, fraud, conspiracy and giving false statements to the Government. More indictments were expected, involving a possible loss to the Government of up to $200 million...
...ghetto areas of large cities. He blamed "speculators and fast-buck artists" but accepted some of the blame himself for the failure of the FHA, which his department supervises, to combat them. Said he: "I am angered and determined to eliminate incompetence, conflict of interest, favoritism, graft, bribes, fraud, shoddy workmanship and profiteering...
...ceiling had come off," said Jury Foreman Gilbert Scott. Moreover, "We thought that the plaintiffs got their money's worth." But the three are not yet home free. They now face a second trial on criminal counts. The Federal Government has charged them with conspiracy and mail fraud in connection with the contention that their fee-splitting amounted to bribery of public officials...
Naturally the shareowners and other creditors complained, and Detroit Judge Nathan Kaufman, after listening to the arguments, concluded that "it would be a fraud, any way you look at it, if you set up a trust and people buy an interest and can't get their money." But Christine is not giving up. Her lawyers are considering an appeal on the ruling, and they also were suggesting last week that each claimant may have to prove his case individually. Since some of the 700 shareholders have died and passed their claims on to their inheritors, the proceedings could stretch...
Choices. By the end of the year, Schrag saw a shift in his values, as well as those of his staff. "We [normally] condemned eavesdropping and wiretapping. We protested the use of informers and secret agents." But now he could understand how "a pig is born." Observing victims of fraud and a breakdown in civil justice is bad enough. But the policeman sees "the victims of physical violence. And when he turns to the courts, he discovers that criminal justice has failed [even] more completely." Such frustrations create "a determination to apprehend and punish the offender, one way or another...