fraudulent trading

The effect of a successful application for fraudulent trading varies between different legal systems.

The investigations of fraudulent trading at mutual fund companies is widening.

Scott was sentenced to seven years for fraudulent trading.

Fraudulent trading depends on "real moral blame" attributable to someone.

The exchanges announced the project in August 1989, just days after 45 people were indicted on charges of fraudulent trading practices.

These, therefore, should either be banned as fraudulent trading or taxed as in gambling.

I am pleased that the Commission has asked the anti-fraud unit to investigate any cases of fraudulent trading.

Wrongful trading is therefore a less serious, and more common offence than fraudulent trading.

This is known as fraudulent trading.

The liquidators applied for a declaration that Rumasa was a knowing party to fraudulent trading.

The indictment also charged that the defendants sold an additional $200 million in fraudulent trading losses and interest expenses to other tax-shelter groups.

The liquidator moved for a declaration that the delivery of these unsatisfactory goods was evidence of fraudulent trading.

Kidder's problems are subsumed in the broader crisis brought on by the accusations of fraudulent trading against Joseph Jett.

At Oxford Crown Court both George and Richardson admitted fraudulent trading.

In practice, applications for orders in respect of fraudulent trading are rare because of the high burden of proof associated with fraud.

In October a jury at Winchester Crown Court found him guilty of theft, perjury and fraudulent trading.

However, some countries have "ring-fenced" payments made for fraudulent trading so that they are made available to the pool of assets for unsecured creditors.

The case turned on whether knowingly failing to pay a final instalment to their landlord was enough to constitute fraudulent trading under IA 1986 s 213.

Fraudulent trading is an insolvency law concept, and in particular a UK insolvency law concept.

The principle of wrongful trading was introduced in the Insolvency Act 1986, to complement the concept of fraudulent trading.

Unlike fraudulent trading, wrongful trading needs no finding of 'intent to defraud' (which requires a heavy burden of proof).

Their accomplice, Alan Schaverien, 67, was jailed for two years and eight months for aiding and abetting fraudulent trading.

Judge Bromley Q.C. held that Mr Barford was guilty of fraudulent trading.

The company's founder and sometime owner, Tony Howarth, was arrested in 1994 and charged with fraudulent trading and obtaining property by deception.

As part of its settlement, the firm has agreed to pay $650 million to the Government and to investors who claim to have lost money from Drexel's fraudulent trading.