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The fraud began to unravel when Davies "made his mistake" and directed a genuine commission payment directly into his own personal bank account.
Those that are participating agreed to accept the S.D.R.'s, just as they would accept genuine gold, in payment from countries with balance‐of payments deficits.
The offer may have been an attempt to stall for time, rather than a genuine proposal of payment.
If anything, the Republican proposals are but a small down payment on genuine relief and simplification.
Russian trolls posing as Americans made payments to genuine activists in the US to help fund protest movements on socially divisive issues, according to a new investigation by a respected Russian media outlet.
There's nothing quite that serious being proposed in the UK at the moment, but maybe recent chants of "Can't Pay! Won't Pay!" on bedroom tax demos could turn out to be a genuine threat of non-payment rather than poll-tax riot nostalgia.
"The union has argued for a genuine alternative to the excessive payments to managers and the waste in the corporation," said Michelle Stanistreet, general secretary of the NUJ.
About 11,000 of those are suspected money mule cases, where fraudsters use genuine accounts to process illegal payments linked to terrorism, money laundering and other economic crimes.
So any perceived worsening in the ability of Ireland and Spain to keep up the payments would do genuine harm to our financial institutions.
Anyone who is in genuine need can apply for hardship payments".
"People who are in genuine need can apply for hardship payments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com