Although the monastery was generous in donations, Emperor Xuanzong issued a decree abolishing their treasury on grounds that their banking practices were fraudulent, collected their riches, and distributed the wealth to various other Buddhist monasteries, Daoist abbeys, and to repair statues, halls, and bridges in the city.
This nation's most elite bankers originated and packaged fraudulent nonprime loans that destroyed wealth -- and working class families' savings -- at a prodigious rate never seen before in the history of white-collar crime.
The collapse of Enron has woken investors up to the idea that even the best-educated executives and advisers may behave in a way that is damaging to one's wealth, if not downright fraudulent.
Jane Larkworthy, Brand Consultant and Contributor to The Coveteur, Elle Decor, Wealth Simple, and The Fraudulent Chef.
When everything blew up in our faces, when the wealth they'd created was revealed as fraudulent, they'd already been pandered to so much that they were inviolable.
But there are steps that Washington could take to prevent Khartoum from allowing a new slaughter, of the two million civilians clustered in relief camps; for example, targeting the assets of Sudanese leaders, whose lifeblood, as John Prendergast, of the International Crisis Group, points out, flows from shell companies and fraudulent charities set up to siphon off the country's new oil wealth.
On 15 December 2009 Abu Dhabi's sovereign wealth fund filed an arbitration claim charging Citigroup executives with "fraudulent misrepresentations".
But in recent months they have published a series of exposes on the new found wealth of a number of tax officials who signed off on the fraudulent tax rebate.
Parents of wealth and privilege, some of whom are public figures, have engaged in fraudulent schemes to secure for their children admission into some of the most prestigious colleges and universities in the country.
JENNA KRAJESKI: I think that this is where Koja gets a little didactic — by enthusiastically deeming Hazel the "cool" one because she lacks the signifiers of wealth and imminent success (fancy bracelets, fancy schools) and condemning Julia for being fraudulent in her perfection, she's saying it's better to be self-actualized than perfect.
