Your English writing platform
Discover LudwigExact(7)
Federal authorities said that based on these false submissions, the Army paid AEY about $10.3 million for 35 shipments of Chinese ammunition.
It was the revelation in June that Barclays had made false submissions to help set Libor that prompted the creation of the cross-party parliamentary commission on banking standards, chaired by Conservative MP Andrew Tyrie.
No charges have yet been brought in relation to this inquiry, but regulators from the FSA found in 2012 that some bank staff had received instructions to make false submissions to the Libor-setting process during this crisis period.
Audits by the New York State Health Department and the federal Agriculture Department since 2005 revealed a pattern of false submissions to the Agriculture Department, including lying about how many children were getting the meals, the complaint charges.
The purpose and/or motive varied from time to time but the effect of the false submissions was to render the rates unreliable, if not meaningless, and to undermine the integrity of Libor as a benchmark".
In response to complaints during its first week that finding games to support was made difficult by a flood of inappropriate or false submissions, Valve required developers to pay to list a game on the service to reduce illegitimate submissions.
Similar(52)
That kind of exchange makes it hard to deny there was an intent to make a false submission on behalf of Deutsche Bank.
A writ filed at the High Court in London and seen by The Independent says: "Barclays was knowingly participating with other banks in making false Libor submissions in all key currencies, including sterling.
Making false Libor submissions is a fraud — both on Barclays' derivatives counterparties that lost money and on investors in Barclays stock who relied on its soothingly low Libor rates as evidence of the company's health.
Last month, Barclays was fined £290m by UK and US regulators for giving false Libor submissions, and other banks are expected to be caught up in the scandal.
Figure 1 Geographical distributions of correct and false clusters (including anonymous submissions).
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com