Word: fraud
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...last year said he had created the world's first cloned human embryos and extracted stem cells, in a claim that raised hopes for treatment of numerous debilitating diseases, including Alzheimer's; after he was alleged to have fabricated key data, and later acknowledged lying; on charges of fraud, embezzlement and bioethics violations; in Seoul. Five of his research assistants were indicted on lesser charges...
...Hwang Woo Suk, 53, South Korean scientist who said he had created the world's first cloned human embryos and extracted stem cells from them, a claim, published in 2004 and '05, that raised hopes for breakthrough treatments of debilitating diseases from cancer to Alzheimer's; on charges of fraud, embezzlement and bioethics violations; after investigators found key data had been faked; in Seoul. Hwang, who apologized publicly in January, continues to insist he was misled by other researchers...
...demonstrators from expressing their support for two pro-reform judges who were scheduled to appear in front of a disciplinary hearing that morning. The judges, Mahmoud Mekky and Hesham El Bastawissi, face possible expulsion from the bench after calling for the independence of Egypt's judiciary and protesting ballot fraud during last year's parliamentary elections. Their case is fast becoming a cause celebre in Egypt, where President Hosni Mubarak, 78, is facing growing domestic and international pressure to democratize...
...convicted, Chung could face jail time, but Korean tycoons have a history of survival. After going to prison for seven months for fraud in 2003, Chey Tae Won, chairman of oil company SK Corp., returned to his post, fighting off shareholder efforts to remove him. Still, Hahm Sung Deuk, a political economist at Korea University, says the arrest of such a prominent executive will act as a powerful warning to other businessmen: "The owners of companies will realize that this time is different." That may be bad news for Chung, but not for Korea's reputation...
...meet former Enron founder Ken Lay in an elevator he's a kind, cordial, grandfatherly guy. But under cross-examination this week in the Enron fraud and conspiracy trial, Lay appeared to be an angry, defiant, defensive man. It was the demeanor people had expected when co-defendant Jeff Skilling testified, not from...