Word: frauds
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Dates: during 1930-1939
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...will be accomplished by standing still, and he is obliged to use a policy of trial and error. His action on the airmail question was obviously wrong, but this was an impetuous move. Roosevelt had had reports from inspectors that the air transport companies were practising all sorts of fraud in the way of putting heavy stones in the mail sacks and weighing them three or four times, and his natural hate of anything underhanded led him to make a move which has had drastic results. Eventually, he will lead the country out of its present difficulties...
...procedure, insists he was not given the customary treatment. There is nothing in the law, of course, which requires the Government to discuss with a taxpayer whether his return was right or wrong. Prosecution can begin at once if there is the slightest warrant for the belief that fraud has been committed...
...Administration has taken upon itself the burden of proving that fraud was committed. It was not successful in the case of Charles E. Mitchell, who was acquitted by a jury. He took the position that he was following the letter of the law in selling securities and then buying them back, as has been the case with hundreds of thousands of taxpayers...
...cases involve for the most part a difference of opinion as to what constitutes lawful deductions. They raise an interesting issue. If, on the best advice obtained from lawyers and tax experts, deductions are claimed, is this fraud? The courts have held that fraudulent intent must be proved. This means that a conspiracy will virtually have to be demonstrated something that rarely happened in income tax cases...
...aviation companies have made money. Many of the officers and corporations who originally built routes and acquired contracts are no longer the same as in the beginning. Also there has been no proof adduced that all the companies were guilty of collusion and fraud. Nevertheless all companies are being treated alike--the innocent and the guilty...