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According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia

Wednesday, July 29, 2009

Goldman Sachs Lawyer Charged in Undercover Sting

I'm Chris Hansen with Dateline...... wait a f%^#ing minute here... aren't you my investment banker?!
An attorney with Goldman Sachs was arraigned on a charge of attempted disseminating indecent material to a minor as a felony.

For a 3½ month period from April 13, 2009 to July 27, 2009, an investigator from the Westchester County District Attorney’s Office, while working undercover, assumed the role of a 15-year-old girl while on the Internet and had a series of chats with Todd Genger of Manhattan.

The investigator made it clear that “she” was 15 years old.

Read the rest of the article at Jr Deputy Accountant


Anonymous said...

Wonder how much prison time will be given to Todd Genger at next month's sentencing? He's facing the possibility of substantial prison time. The judge is a former D.A.; that can't be good.

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