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This regulatory lacuna helps to perpetuate fraud and limits the potential of the market.
"Nor does J. P. Morgan Chase structure transactions to avoid compliance with reporting requirements or to perpetuate fraud".
Attackers also could be angling to deliver malware or ransomware, commit identity theft, perpetuate fraud or scams, hijack computers — or simply to damage a brand.
By stealing enough of these "assets," identity thieves can perpetuate fraud in your name, profiting from scams while ruining your credit or worse.
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No. 12 -- Lori Lane's entire book group, which meets monthly, for perpetuating fraud.
"The big-picture lesson for me is that it is very difficult to know where the next crisis will come from," says Seru. "This is especially the case if banks have private incentives to keep taking dangerous risks until, as Citigroup's CEO famously said, the music stops, even to the point of perpetuating fraud.
Yet neither virtue can be found in Perry's proposal to pawn it off to fifty states and decentralize the fraud – or in Romney's plan to "reform" and "save" the scheme and thus perpetuate the fraud – or in Cain's notion that it be operated by quasi-profit-seeking (loss-imposing) "firms" like Bernard Madoff Investment Securities LLC, and thus privatize the fraud.
Future historians may well classify the surge as a myth concocted to perpetuate a fraud.
"The whole mechanism is flawed and the people in the system will perpetuate the fraud," he said.
"Ceglia used the federal court system to perpetuate his fraud and will now be held accountable for his criminal scheme," said Orin Snyder, a partner at Gibson Dunn.
The attorney general's office contended that Andersen issued false and misleading approvals of the Baptist Foundation's financial statements over several years, allowing it to perpetuate the fraud.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com