Sentence examples for scheme promoter from inspiring English sources

"Indeed the scheme promoter often expressly disclaims these obligations in their offering documents," Byrne says.

"At the same time the scheme promoter, expressly or impliedly, makes it known to the investors that profits may be expected from the scheme".

Byrne underlines that coin offerings often don't follow regulations and purport not to create any legal obligations for the scheme promoter to deliver anything in return to the investor.

the scheme promoter either provides any funding needed to make the scheme work or arranges for it to be made available by another party.

The agreement, he added, should worry tax scheme promoters.

[C10.] U.S. Sues Tax Scheme Promoters The Justice Department filed lawsuits against three promoters of what the government contends are tax-evasion schemes that have cost it millions of dollars in taxes.

The spirit of financial trickery assumed new incarnations in the succeeding century: the stock-market manipulator, the pyramid-scheme promoter.

The courts have rejected all these theories, and the I.R.S. usually prosecutes the schemes' promoters -- but it also goes after their clients for back taxes, plus penalties and interest than can balloon the tax bills due at this time of the year.

In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors.

Prosecutors said that as part of the kickback scheme, concert promoters paid coliseum officials to lower the cost of renting the venue and to ensure that they could continue to hold raves there even after Miss Rodriguez's death.

Jeremy Schoemaker notes that the site comes with a pyramid scheme and promoters of services such as Agloco have been spamming forums and any other place they can to promote it.