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Mr Scrushy has been charged with personally instructing senior personnel and accountants to overstate earnings and with profiting from inflated profits via share sales.
PAGE A16 Indictments in Connecticut Four people, including a onetime candidate for secretary of the state, were charged with profiting from corrupt investments by the former state treasurer.
"These companies thought they could get away with profiting at the expense of New York's pensioners and taxpayers through fraudulent activities and misleading public disclosures," Mr. DiNapoli said in a statement.
Many people long involved with the industry said they were disturbed by accusations that such well-regarded executives saw nothing wrong with profiting at the expense of their investors.
The reputation of French Foreign Minister Bernard Kouchner has been threatened by the release of "The World According to K," a book that charges the politician with profiting off of his charitable image.
The drama is heightened further by the strict secrecy that enveloped Black's book before it was released, a release timed to accompany the filing of a class-action lawsuit charging I.B.M. with profiting from genocide.
Similar(45)
Those eligible are its 2.4 million with-profits policyholders.
One concerns the mainstay of life insurance and pensions, the with-profits fund.
In effect, many investors are constructing their own with-profits funds without actually realising it.
Like with-profits, absolute return funds aim to provide positive returns regardless of market conditions.
Nothing wrong with profits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com