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The particularly insidious element of the promissory-note schemes, the authorities say, is that the elderly are often defrauded by people with whom they have successfully done business in the past.
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Customers who have been defrauded often have to fight for their refunds, Anderson says.
The consumer who gets defrauded is often someone who hasn't exercised due care adequately".
A frequent grievance is that malevolent persons (often relatives) are defrauding the rightful heirs of the deceased person's estate.
In his plea, Mr. Gallo of Freehold, N.J., said he had knowingly tried to defraud investors, often by discouraging them from selling failing stocks and by making false statements about companies whose stocks DMN handled.
The second great advantage for wine forgers is that when collectors do open fraudulent bottles they often lack the experience and acute sense of taste to know that they have been defrauded.
The items most often are priced at a few hundred dollars each, although there are dozens of cases where sellers have defrauded dozens of buyers and made off with $10,000 to $75,000, said Robert Chesnut, eBay's associate general counsel and a former federal prosecutor.
He had been defrauded.
He never defrauded anybody.
Elizabeth Holmes defrauded investors.
"I never defrauded anyone".
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CEO of Professional Science Editing for Scientists @ prosciediting.com