Sentence examples for sham transaction from inspiring English sources

But, in fact, these circumstances raise the possibility of a sham transaction.

Mrs. Clinton first said that she had never done any work on Castle Grande, which was termed a sham transaction by bank examiners.

"This was absolutely a sham transaction, and it was an 11th hour deal," said one former Enron executive who was briefed on the deal.

Mr. Greenberg, 82, ran the company at the time of the sham transaction at the center of the trial and was an unindicted co-conspirator.

Clearly the story here is not merely a hard-to-prove case of insider trading, tardy stock-sale forms and Mr. Bush's knowledge of the sham transaction involving Aloha Petroleum.

Without identifying Merrill, the complaint described what it called a "sham transaction" involving power barges moored off the Nigerian coast in which a financial institution helped Enron to inflate its earnings improperly.

Under the law, such an agreement would render sales by Enron to LJM as sham transactions.

Several energy traders are being investigated for possible sham transactions that inflated revenue.

They create sham transactions, phoney losses and phantom assets to enable their clients to dodge taxes.

There are a lot of energy companies that engaged in sham transactions".

Global Crossing faces accusations that it used sham transactions to increase revenue and that it misled investors about its financial health.