Sentence examples for fraudulent trading from inspiring English sources
The investigations of fraudulent trading at mutual fund companies is widening.
Gordon, 44, of Seaview, Isle of Wight, admitted conspiracy to defraud and fraudulent trading.
The move aims to improve the surveillance, investigation and enforcement of fraudulent trading in equities securities.
The official figures are distorted by fraudulent trading in high-tech goods (typically mobile phones or computer chips) which is carried out to steal VAT (value-added tax).
LONDON – The founder of Weavering Capital, one of Britain's oldest hedge funds, has been charged with fraud, fraudulent trading and false accounting.
He was convicted of 13 counts of fraudulent trading between 1991 and 1996 and sentenced at Southwark crown court, south London, in December.
The system had helped contain the worst excesses of fraudulent trade invoicing.
Claire Dumas, who was speaking on behalf of the bank Tuesday, described Mr. Kerviel as "extremely uncooperative" after his fraudulent trades were discovered.
In September, Japanese regulators barred Citigroup's private banker from operating in the country, citing insufficient internal controls to prevent fraudulent trades and money laundering.
The most spectacular losses for the week were those of Société Générale, which said an employee had made $7.2 billion in fraudulent trades.
The American Stock Exchange has fined Spear, Leeds & Kellogg, a unit of the Goldman Sachs Group, $1 million for failing to supervise an executive who was accused of conducting fraudulent trades for a brokerage firm that cleared its trades through Spear.
