Sentence examples for financial swindle from inspiring English sources
Even the occasional financial swindle in the news is regarded, at least by those who are not prosecutors, as more cultural quirk than grave crime.
Bernard Madoff pleaded guilty today to charges he orchestrated the biggest financial swindle in Wall Street history, cheating investors out of billions of dollars in a fraud that shocked the public and drew demands for stricter regulations.
He was best known for operating history's largest Ponzi scheme, a financial swindle in which early investors are repaid with money acquired from later investors rather than from actual investment income.
While the prospect of a deal has been welcomed by municipal leaders as a way to reinvigorate struggling communities, it has fed fears of a fresh financial swindle, like those that often accompanied large-scale privatization deals in the years immediately after Communism's collapse.
But in recent years the family had fallen on hard times, another investigator speaking on the condition of anonymity said, and F.B.I. officials began searching for the Kimeses early this year after receiving complaints that they were involved in a financial swindle in Las Vegas.
So it is no wonder that Massachusetts state securities official James Carabina remarks that "tax shelter fraud is probably the biggest financial swindle in America today".
The budget deficit conspiracy may sound far-fetched, but residents of Shenyang were already wary of financial swindles.
There are tales of financial swindles in Italian merchant cities, not unlike the shenanigans at Enron in modern-day Houston.
Now, two federal agencies are promoting an educational program aimed at helping older adults safeguard their money and personal information as well as recognize possible financial swindles.
Over the past decade, he boasted about a career in financial swindling, telling The San Francisco Chronicle in 1995 that it got him out of bankruptcy.
Over the last decade, Mr. Roxford boasted about a career in financial swindling, telling The San Francisco Chronicle in 1995 that it had gotten him out of bankruptcy.
