Word: illicits
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...weeks, Milken is expected to be indicted on criminal charges for many of the same alleged securities violations described ; in a civil case that the Securities and Exchange Commission filed in September. The SEC accused Milken of, among other offenses, manipulating stock prices to reap millions of dollars in illicit profits and defraud his clients. The lawsuit portrayed Milken as a zealous dealmaker whose disrespect for tradition led him to disregard the law as well. A suburban Los Angeles native who attended Wharton Business School, Milken was the pioneer of junk bonds as a financing technique for midsize companies...
Proficiency at billiards, it has been said, is a sign of a misspent youth. That is putting it politely. Pocket billiards, commonly known as pool, has had image problems for decades. The pool hall housed illicit kingdoms of numbers | runners and gangsters, winos and bums, four-letter-word expectorators and hustlers named Fats. Trouble brewed in every corner. Sharks infested the murky waters. "You had to watch out for all the spit on the floor," recalls a denizen of the old parlors in Ohio. "Any women who'd come around, you wondered what they did for a living...
...potential risk, of stock purchases he made with money he borrowed from the firm. Far from feeling duped, Drexel officials welcomed the probe. Since Boesky is the prime witness against the firm, his alleged backstabbing may erode his credibility. Drexel officials insist they never knew about Boesky's illicit schemes...
...court. The charges against him, however, are based not on actions he took in his official capacity but on steps he took to enhance his personal wealth. More important, the Justice Department argued, the Marcoses were being indicted because they plotted with Khashoggi and others to fraudulently conceal their illicit activities after they became U.S. residents. "There was no asylum agreement that Marcos could be just as big a crook in this country as he was in ((the Philippines))," says Loye Miller, spokeswoman for Attorney General Richard Thornburgh. "If he had been a good boy after...
...added that breaking into computer systems,although "illicit," is "the standard way of beinga journeyman in computer security...