The phrase "defraud about" is grammatically correct and can be used in written English.
One example of how it could be used in a sentence is: "The company's former CEO was charged with defrauding about $1 million from investors by providing false financial reports."
Anil Anand, the former chief financial officer of Allied Deals in Piscataway, N.J., was sentenced last week to time served in prison, seven months, for his role in "a sprawling international Ponzi scheme" that used imaginary metal trades to defraud about 20 banks of $683.6 million, the United States attorney's office said.
Three months later, she was penalized for another 32 months for 12 counts of conspiracy to defraud about $49 million Hong Kong ($6.3 million) from five banks based on bogus business transactions.
He acknowledged defrauding about 90 investors of a total of $1 million to $2 million.
The SEC has laid civil charges against Stanford, his deputy, James Davis, and Pendergest-Holt for allegedly defrauding about 50,000 investors from around the world of $9.2bn£6.5bnbn).
The decision was another setback for Mr. Stanford, who was charged two weeks ago with operating a multibillion-dollar Ponzi scheme that had defrauded about 30,000 investors who thought they were investing in safe certificates of deposit from the Stanford International Bank based on the Caribbean island of Antigua.
The Justice Department said that while Mr. Stanford was defrauding about 30,000 investors of $7 billion, he was paying Mr. King thousands of dollars a month to conduct fake audits aimed at assuring the bank's investors, and American regulators, that its finances were sound.
The report, issued on Wednesday, describes Davide Vannoni, who introduced the treatment in Italy, as the head of a criminal organization that has defrauded about a thousand patients since 2006 by administering a dangerous and unapproved treatment in exchange for money.
Last August, she concluded that the tobacco industry had engaged in a 40-year conspiracy to defraud smokers about tobacco's health dangers.
DealBook » Foreign Corruption Offers Big Business for Law Firms | WALL STREET JOURNAL More Charges for Former Madoff Employees | According to the expanded charges, Bernard L. Madoff's conspiracy to defraud investors started about two decades earlier than previously alleged, Reuters reports.
Police in Bangalore confirmed that they had arrested an employee of the back-office unit of HSBC, the British bank, on charges of stealing customers' confidential data and helping defraud them of about $425,000.
In September 1999, with President Bill Clinton's urging, the Justice Department brought suit against tobacco companies, accusing the industry of conspiring for nearly half a century to defraud the public about the risks of smoking.
