Sentence examples for fraudulent asset from inspiring English sources

The Nigerian barge transaction, according to the S.E.C. complaint, amounted to "a fraudulent asset parking arrangement".

The district court determined that Wessell and Mitchell intentionally misrepresented and concealed important facts as part of a fraudulent asset protection scheme in violation of California law.

This was organised fraudulent asset-striping on a massive scale, leading to the forced liquidation of many, many businesses, which people have poured massive effort into and were their livelihoods.

Mr. Farkas and his partners relied on this technique to sell more than $1 billion of fraudulent assets over the course of several years, even covering up the fraud by recycling old fake assets for new ones, according to the complaints.

Prosecutors said in the memo that they had the authority to seize fraudulent assets, but they declined to comment on what action, if any, they planned to take against either institution.

To avoid the matter of fraudulent conveyance, asset protection planning must almost always be done in advance of a creditor showing up.

Summers and Geithner were frenzied supporters of the Basel II insanity that tried to eviscerate U.S. banking capital requirements on the largely fraudulent mortgage assets that drove the crisis.

Although the fraudulent transfer of assets took place before the suit was filed, it occurred after Chambers was given notice, pursuant to court rule, of the pending suit.

Those include charges of dishonest accounting, fraudulent swapping of assets and liabilities, and the enrichment of top executives as lower-level employees lost millions.

After a recent bankruptcy examiner's report accused Dynegy of a "fraudulent" purchase of assets shortly before one of its subsidiaries filed for Chapter 11, the company defended its actions and questioned the legitimacy of the report.

Lillian advocated not only for making domestic violence an element in any court evaluation about the "best interests of the child" but also for ending practices that resulted in fraudulent statements about assets.