Today is supposed to be the day of Todd Genger's sentencing but as yet, Westchester County has not updated its records to reflect Genger's next couple years. Jr Deputy Accountant waited around all day but does not have an update as of this evening.
To catch you up, Goldman Sachs attorney Todd Genger was busted chatting with a 15 year old girl in mid 2009 and pled guilty in February of this year. The 15 year old Genger thought he was engaging in enlightening Internet "conversation" with turned out to be an investigator from the Westchester County DA's office working undercover a la To Catch a Predator.
Genger faces 1 - 3 1/2 years in prison but will most likely get a nice hard slap on the wrist and a few months "time served". Just a guess.
See: Goldman Sachs' Pervert Lawyer Gets Sentenced? [Jr Deputy Accountant]
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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". 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