Word: scamming
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...Chadds Ford as they were besieged by reporters last week. The locals understand the artist-model relationship, and they figure they know Andy Wyeth. So dismissive are they of any charge of infidelity that they are willing to entertain -- and be entertained by -- the possibility of a Wyeth scam. "This whole thing could be a ploy," said Karl J. Kuerner III, who lives on top of Kuerner Hill, where Wyeth frequently sketched his grandparents. An employee at the Brandywine called it the "best stunt I've ever seen...
...were apparently motivated by more than mischievousness. Authorities alleged last week that the test scam was designed to place certain officers in positions in which they could help cover up a racketeering operation that included drug dealing, robbery and involvement with organized-crime figures. Last week a federal grand jury indicted Doherty, Clemente and eight other current or former Massachusetts lawmen who were allegedly in on the scam...
...also stressed old-fashioned digging. Last year, after two reporters fished a stenographer's notes from a trash can outside a grand jury courtroom, the paper's revelations based on those notes nearly blew Governor William Sheffield out of office for alleged involvement in a state office- leasing scam. Readers gobbled up the Tale of the Trash Can Papers, as well as the News's coverage (including a regular column by Weaver) of a state senate impeachment investigation, which Sheffield survived by a vote...
...individuals. They did so, following the basic tenet of their sport, as a team. Money may have been the bait but loyalty and comradeship were the motives that persuaded them, some with great reluctance, to betray their talents. As Chick Gandil (Paul Christie), the sour ringleader of the scam, remarks in an aside, people become willing to do something they consider wrong if they see enough others doing it. Kelly shrewdly narrows his focus to just the wrongdoers, not the colleagues who never joined -- or, in at least some cases, were not asked. Most of the locker-room dialogue...
...indictment hardly improves the tarnished reputation of Wall Street dealmakers. Last year E.F. Hutton pleaded guilty to a check-kiting scheme. The Securities and Exchange Commission said in May that it had cracked the largest insider-trading case ever: the $12.6 million scam allegedly engineered by Dennis Levine, a former managing director at Drexel Burnham. The Shearson indictment is the latest chapter in a continuing saga of Wall Street scandal. No one is calling it the last...