Word: fraude
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...paper, Miniscribe certainly looked like a highflyer. The Colorado-based company's financial statements in the mid-1980s painted it as a vigorous, healthy computer-parts maker with a bright future. But an internal investigation drew quite a different picture. The probe uncovered massive fraud by senior managers, who shipped boxes of bricks labeled as disk drives and counted them as sales. Investigators blamed executives for the company's cooked books, but bondholders also sued Miniscribe's auditors, Coopers & Lybrand, for conducting faulty audits. In February a jury stunned the accounting profession by ordering C&L to pay damages...
Winks drew inspiration from an earlier Americanbook, J. Prince's Sketches of EminentShoemakers, published in Boston in 1848.Prince reports that Roger Sherman, Connecticutsigner of the Declaration of Independence andConstitution, began life as a shoemakers. Whileserving on an appropriations committee during theRevolutionary War, Sherman uncovered fraud in anarmy shoe contract and proved his case byspecifying the market price of the leather andworkmanship. Prince argues, "This incident willserve to illustrate the advantage which may oftenbe derived from the election of practicalmen to fill the office of legislators." (Hisitalics...
...have had incidents of absolute fraud," said Jacob Frumpkin, the Brown campaign's director of volunteers in New York...
...Harvard University Police Department (HUPD) Monday arrested a man charged with extensive credit card fraud at Boston-area colleges...
...total, Ford had eight outstanding default warrants and two direct indictments for credit card fraud and larceny, said HUPD Chief Paul E. Johnson. Johnson added that Ford was well-known throughout the Boston area...