Sentence examples for pay earlier from inspiring English sources

Back then, Goldman was an investment bank, and like other former investment banks, it closed its books at the end of November, making it easier to pay earlier.

The perpetrator uses fresh money from new investors to pay earlier ones.

Of the $80 million raised, only $12 million was used to buy merchandise, with the balance used to pay earlier investors in the scheme, the S.E.C. said.

In the classic form of a Ponzi scheme, Mr. Dreier used some of the proceeds of his sales of fake notes to pay earlier investors.

Mr. Madoff, 71, pleaded guilty last year in federal court in Manhattan and was sentenced to 150 years in prison for using money from new clients to pay earlier investors.

"In other words, Miracle and his associates have been operating a type of fraud known as a Ponzi scheme in which later investors' money is used to pay earlier investors supposed profits on their investments".

The report was welcomed by business secretary Vince Cable, who announced a review of corporate behaviour and pay earlier this week.

Officer Wright, 34, was suspended without pay earlier this month for violating department procedures on reporting and transporting women in his cruiser.

"I hope the rest of the country will catch up with New York and California," she said while speaking on a panel on equal pay earlier this month.

The restitution, however, does not resolve investigations by regulators of the company and is considerably less than Alliance Capital agreed to pay earlier this week.

They, too, were on strike over pay earlier this year and their domestic rugby is still amateur, forcing their top players to ply their trade abroad.