Once the suit was filed, named investors stopped receiving account statements and updates on the business.
FORBES: Amiworld, A Civil Suit Alleges It Is A Global Fraud Enterprise
In April, however, HCFC became concerned because GAMG would not provide any monthly account statements.
FORBES: Dr. Ethics: 'I'm Mad as H*!! And I'm Not Gonna Take This Anymore!'
For the first time, Dan told his wife to give him all of their account statements.
After the first quarter of 2005, Sollberger stopped receiving account statements, and he stopped making interest payments.
Following additional communications between FINRA and Casper, around April 3, 2011, Casper produced the requested bank account statements.
FORBES: FINRA Bars Broker For Loans From Elderly Widows And Family
And owning one fund at each of several fund families means a lot of account statements clogging your mailbox.
After Verizon Mobile Security Premium is purchased, customers get the ease and convenience of direct billing to their monthly account statements.
ENGADGET: Verizon intros Mobile Security app for Android, wants to keep you safe
Company officials created false documents, such as invoices, customer checks and account statements to verify business activity that never occurred or existed.
The company also is pushing into software to process individualized mail, such as credit card bills, brokerage-account statements and targeted sales pitches.
It stuffs the monthly account statements with encouragement to take out car loans as well as home-equity loans and other mortgage debt.
The idea was to provide greater assurance to investors that their accounts contain the funds that their investment adviser and account statements say they contain.
FORBES: All Talk: The SEC's Broken Broker-Dealer, Investment Advisor Examination Program
Then there's the question of how Perusquia got away with sending what appear to be false account statements from a fax machine in its San Francisco office.
The AWC alleged that although Iola checked the summaries for internal consistency, he did not cross-reference the figures presented on them with the figures in the account statements.
FORBES: Stockbroker Fined And Suspended For Using Microsoft Excel Spreadsheet
After Sollberger obtained the aggregate funds from Optech, he received quarterly account statements from Optech for the third and fourth quarter of 2004, and for the first quarter of 2005.
Although interest accrued on the loan, Sollberger stopped receiving account statements and making interest payments after the first quarter of 2005, less than one year into the seven-year loan term.
Petitioner testified that he did not review the joint bank account statements and that intervenor primarily handled the finances and balanced the joint checking account, an assertion uncontested by intervenor.
End-of-year bank and brokerage-account statements can help estimate assets.
Those listed as plaintiffs in the lawsuit claim they no longer have access to view their account statements at the Bank of The Atlantic and do not receive updates on their AmiWorld holdings.
FORBES: Japanese Investors Take A Hit - Ponzi Scheme or Bad Investment?
Beyond the burden of looking at multiple account statements, having more than one account could make it more difficult to determine proper asset allocation across a portfolio and assess risk tolerance, she says.
Utilizing a Ponzi scheme replete with fraudulent account statements to conceal the true financial condition of investments, Lowrance misrepresented to potential investors that they would be paid as much as 4 to 7% monthly interest.
Standing in the construction magnate's Mexico City home on Mar. 2, 1998, Lerma says, Perusquia admitted he had gambled Lerma's fortune away on shaky Canadian gold stocks and used false account statements to cover it up.
Rather than conduct due diligence into those valuations and distribution irregularities to determine that they were reasonable and that the Apple REITs were suitable, DLA accepted the valuations and continued to record them on customer account statements.
In efforts to add an air of legitimacy to the scheme, investors received periodic account statements purporting to show profitable returns of 5% per week (or 20% monthly) and showing that Driver had never had an unprofitable month of trading.
While reforms like the fee disclosure rules from the U.S. Department of Labor (slated to take effect July 1) are positive steps, the Demos model described in their report shows how listing fees on account statements will not address the other factors that keep fees high nor fix the structural weaknesses in the current risky, individualized retirement system.
Upon receiving payroll account bank statements, an employer should reconcile them to its books, promptly notifying the depositary bank of any forged or altered checks.
The account was consistent with statements to The Associated Press from doctors who pronounced Bhutto dead at a hospital.
These measures include procedures for delivery of periodic statements of account, annual audit information, and information relating to the management of the mineral estate to the tribe.
They had to be safe custodians of their assets, for which activity they had to account annually through the financial statements.
Among the red flags: statements with inconsistent account information, phone numbers that always seem to be busy, out-of-service or unanswered, and crooked or fuzzy logos.
Some media outlets have already made statements that this LinkedIn account may be fraudulent, misleading or simply a joke.
应用推荐