Word: frauds
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Republicans accused White House aides of improperly obtaining information in 1993 from federal investigators probing the finances of David Hale, a former Arkansas judge and investment executive. Hale, who has said Bill Clinton pressured him into making a questionable loan when Clinton was Governor, has since pleaded guilty to fraud charges, and is cooperating with the Whitewater independent counsel...
GUILTY PLEA ENTERED. By NICHOLAS LEESON, 28, former futures trader whose billion dollar losses brought down Barings investment bank; to fraud and forgery with the intention to commit fraud; in Singapore. The sentence: 6 1/2 years in prison: a Singaporean prison...
That kind of betrayal is becoming widespread. Among the most popular and widely used government-sponsored retirement programs, 401(k) plans are surprisingly vulnerable to corporate fraud. So far, the Labor Department has launched investigations of 310 companies and recovered $3.5 million of plundered assets. While the probes involve a tiny fraction of the nation's 250,000 401(k) plans, they have revealed a disturbing pattern. "We have been surprised at both the number of complaints and the percentage that have been substantiated," Labor Secretary Robert Reich said last week. Investigators have found merit in 401(k) complaints...
Nick Leeson, the rogue trader whose freewheeling ways resulted in a $1.4 billion loss and brought down Britain's venerable Barings Bank, was extradited to Singapore, where his transactions occurred. Promptly arrested, he was charged with 11 counts of fraud and forgery. If convicted, he could face as much as 14 years in prison...
...problems with the original case was the confusing nature of the alleged insurance fraud, which centered on a fight that had to be canceled when Chavez cut his nose in training. The government's star witness, former Don King Productions accountant Joseph Maffia, testified that King told him to alter a contract to show that Chavez had received $350,000 in training fees, and Chavez testified through an interpreter that he had never been given that money. Maffia's careful, measured testimony was somewhat compromised when the defense played a tape of an angry Maffia telling King over the phone...