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Fraud*
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, March 10, 2010
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1 COMMENTS:
To the core...from the beginning...its all about goldman doing whatever is needed to win...legal or not....
Carrying Water for White-Collar Criminals
But Cohan continues to downplay Freeman’s admitted guilt:
he agreed to plead guilty to one count of mail fraud to make the matter go away.
I’m sorry, but that’s completely unconvincing. This was a well-connected Goldman (disclosure: the firm is an Audit funder) senior partner, who paid his million-dollar fine with a personal check,” as Ericson is good to point out, and who could have lawyered up with the finest white shoes in New York City. The guy was nailed—that’s why he plead guilty to mail fraud.
http://www.cjr.org/the_audit/carrying_water_for_whitecollar.php
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