Sentence examples for immense fraud from inspiring English sources
The hedge fund family that topped the list of losers in Bernard L. Madoff's Ponzi scheme, with more than $7 billion sunk in the immense fraud, has been sued by the trustee overseeing the search for assets in the case.
He was sentenced on racketeering, money laundering and fraud charges, all from his central role in an immense fraud scheme that siphoned $450 million from an insurance company, leading to its collapse.
A year after he jumped bail, a Brooklyn-born businessman who was sentenced in absentia to 845 years in prison for his role in an immense insurance fraud scheme was arrested Tuesday afternoon in Austria.
It's also an immense money pit of waste, fraud and abuse.
After all, it was under Bush that the U.S. Department of Education turned a blind eye to misconduct in the industry, unleashing a decade of waste, fraud, and abuse with taxpayer money and immense profits for the for-profits.
"There is immense scope for saving taxpayers' money such as through cutting fraud, better procurement, more joint working and reducing back office administration".
By James Surowiecki In the summer of 2002, with the stock market tumbling and fraud at Enron and WorldCom dominating the headlines, there was immense political pressure on Washington to restore investor confidence by doing something about corporate crime.
