Mohammed bin Ahmed Al Harthi and Salim bin Saif bin Salim Al Harthi, the promoters of the fraudulent investment scheme
, had been accused of laundering money and embezzling people's funds through fraudulent business activities.
The ruling makes clear that losses resulting from a fraudulent investment scheme
shall be treated as theft losses, as opposed to capital losses.
This was a fraudulent investment scheme
where people were induced to invest money and were promised a high rate of return in a short period of time," said Deputy District Attorney James Belna of the Major Fraud Division.
defendant ran fraudulent investment scheme
in which victims invested in non-existent gold fund), cert.
The promoter of this fraudulent investment scheme
had been arrested.
A joint investigative squad of the Metropolitan Police Department and the Miyagi and Fukushima prefectural police forces searched L&G's head office and other places in October 2007 on suspicion of running a fraudulent investment scheme
9million by running a fraudulent investment scheme
between 1996 and 2001.
It read, 'Price used his own personal business, which he'd operated in Gowerton for 13 years before he became a Halifax agent, to sell his fraudulent investment scheme
to private clients.
Federal officials rolled out their sequel to ``Risky Business'' on Wednesday, suing two Valley-based companies they claimed operated a fraudulent investment scheme
via the Internet that cost investors $2 million.
These actions were commenced against Toronto businessman, Robert Hryniak, for his role in a fraudulent investment scheme
that targeted elderly American investors, and for these victims an appeal to the Supreme Court of Canada will give them the opportunity to finally share their story on a national platform.
3 billion yen through a fraudulent investment scheme
The charges stemmed from a fraudulent investment scheme
involving "worthless, non-existent prime bank notes and securities.
Be it a fraudulent investment scheme
or telephone sale of an unneeded product at a grossly inflated price, removing money from a savings account to help a phony bank examiner catch a thief or to pay as good faith money to share in a larger sum.
On May 9, 2006, investors learned that Spanish officials had raided the Madrid offices of Afinsa in furtherance of a criminal investigation into a suspected fraudulent investment scheme
operated by Afinsa.
DALLAS, May 5 /PRNewswire-USNewswire/ -- A Plano, Texas, man, who has admitted running a fraudulent investment scheme
from 2004 through July 2009, will enter his guilty plea before U.