Sentence examples for fictitious transactions from inspiring English sources

Mr. Mougard has denied ever knowingly entering fictitious transactions himself.

Aggressive accounting, fictitious transactions that inflate sales, whatever it takes.

Kerviel, we are told, balanced his trade with fictitious transactions.

Mr. Kerviel's assistant, Mr. Mougard, denied ever knowingly conducting fictitious transactions.

Those losses were believed to have been concealed with fictitious transactions created by a trader in Baltimore, John Rusnak.

Instead Ms. Nordberg had become the victim of an elaborate scheme by the seller, whose trustworthiness, it turned out, was based on a record of fictitious transactions.

"I admit having taken large positions that could be qualified... as outside the limits of my mandate, and which I masked by a fictitious transaction.

PARIS — Jérôme Kerviel, the former trader at the bank Société Générale, has told French investigators that an assistant on his desk conducted at least one large fictitious transaction last spring on their boss's computer — as the boss looked on, according to a court document obtained on Thursday by The International Herald Tribune.

Mr. Ganley, 45, of Aptos, Calif., agreed to pay $27,950 for the loss he avoided through insider trading, a $27,950 penalty for insider trading and a $50,000 fine for his role in a "fictitious transaction that was part of the financial fraud".

"At the time the Greek authorities confirmed that, by law, government units could not enter into fictitious derivatives transactions".

But while Mr. Kerviel, according to the bank, put sizable, real purchases in one portfolio, he created fictitious sales transactions in the second, offsetting portfolio.