Word: fraude
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...active fraud investigation hasn't kept buyers from snapping up millions of shares of embattled HealthSouth. In Chicago an investment club took a flyer on bankrupt UAL, the parent company of United Airlines, believing that the stock was set to soar. More than 57 million shares of bankrupt WorldCom were traded last Thursday on news that WorldCom had reached a revised settlement with the Securities and Exchange Commission that will give some shareholders stock in the new company when it comes out of bankruptcy. True, but this applies only to people who owned WorldCom before June 25, 2002. When WorldCom...
...Thief Executive Officers More than a third of companies worldwide were victims of fraud in the past two years, according to a report by PricewaterhouseCoopers. On average, firms claimed a loss of $2.2 million...
...denouncing the U.S. invasion ("Go away, we already have enough Bushes in Africa," read one placard). And President Bush did not criticize Mbeki for what some U.S. officials see as an overly soft approach towards neighboring Zimbabwe whose leader Robert Mugabe is accused of winning his last election through fraud and intimidation...
...just can't go and cry my heart out on Larry King, which I wouldn't mind doing. You just can't do that--not in this situation." MARTHA STEWART, domestic diva, on her reputation-shattering battle with the Justice Department over securities-fraud charges, on the eve of the launch of her new food magazine...
...CHARGED. PLATON LEBEDEV, 43, billionaire associate of Russia's richest man, Mikhail Khodorkovsky; with fraud; in Moscow. Authorities are investigating Lebedev for the privatization of a fertilizer plant in 1994. The day after Lebedev's arrest, Khodorkovsky, chairman of oil giant Yukos, was questioned by state prosecutors. Khodorkovsky has angered the Kremlin with his plans to fund opposition parties in this winter's parliamentary elections...