Fraud in example sentence

Credit Default Swaps on TrialCHICAGO – The lawsuit filed by the US Securities and Exchange Commission against Goldman Sachs for securities fraud, charging the bank with misrepresenting the way a collateralized debt obligations (CDO) had been formed, has revived public disgust at credit default swaps (CDS), the instrument used to bet against these CDOs.

More example sentences with word fraud

He was convicted of mortgage and credit card fraud, and he will be released from Wormwood Scrubs jail in London in 2012.

He impressed in the private sector, developing chemical applications for the oil industry while simultaneously running a worldwide bank and credit card fraud operation that was worth millions until his arrest in 2008.

Last year saw 997 billion dollars in corporate fraud alone in the United States.

They conducted a credit card fraud that netted them over 10 billion dollars.

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