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Lawrence DiCristina ran the warehouse where the games took place — that was not in dispute — taking 5 percent of each night's pot to cover the cost of his staff and profit for himself.
The commission's suit also accused Mr. Homm of selling stocks to his funds at inflated prices via a broker in which he had a stake, generating millions in profit for himself.
When he urged his nearly 4,000 disciples to buy certain stocks, he was often selling shares in the same stocks at a tidy profit for himself, according to the suit.
And, I thought, so would Fishbein and Halpern be all right, even in the Pacific, if only Grossbart continued to see — in the obsequiousness of the one, the soft spirituality of the other — some profit for himself.
There is a grey area between a market-maker positioning himself in order to get a "good" price for a client, and his dealing ahead of the client to make a profit for himself at the client's expense the latter is known as "front-running".
"He would then buy the orders back and guarantee a profit for himself.
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Governor Romney can't substantiate the number of jobs he supposedly created as a corporate buyout specialist because his goal was never job creation, it was profit maximization for himself and his partners".
He won state control of more than 1,000 acres of federal coastland, then rapidly sold it off, taking some of the profits for himself, the authorities said.
But Rajaratnam began managing the fund as if it were his own, steering it to invest in Galleon's funds rather than BroadStreet's, reaping more of the management profits for himself.
"In essence, Taub encumbered Ocean House with fraudulently inflated mortgages to generate profits for himself and his family through the company that he controlled, rather than use the funds to improve the Ocean House facility," Mr. Morgenthau said.
The trustee, Irving H. Picard, sued Mr. Chais in May, accusing him of knowingly taking part in the Madoff scheme and reaping $1.1 billion in profits for himself and his family.
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Justyna Jupowicz-Kozak
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