New Era Philanthropy charged with fraud

Article Abstract:

The Securities and Exchange Commission filed fraud charges against the Foundation for New Philanthropy, which filed Chapter 11 bankruptcy, claiming that the organization was a pyramid scheme. A judge ruled that the bankruptcy status should be changed and all the company's assets liquidated.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Charitable trusts, United States. Securities and Exchange Commission, Foundation for New Era Philanthropy

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Lobbyist pleads guilty in Espy case

Article Abstract:

Lake entered into a plea bargain agreement and pleaded guilty to fraud and election-law misdemeanors for his involvement in helping Henry Espy pay off his campaign debts. Espy's brother, Mike, was charged with illegal acceptance of gifts from agribusiness in 1994.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Campaign funds, Espy, Mike, Lake, James H., Espy, Henry

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General Electric pleads guilty in arms fraud case

Article Abstract:

General Electric pleaded guilty to charges of felony fraud in selling engines for military aircraft to Israel during the 1980s. GE's Herbert Steindler and former Israeli General Rami Dotan were accused of defrauding the US of $26.5 million.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
Motors and generators, Aircraft engines and engine parts, Israel, Aircraft engine industry, General Electric Co., Military assistance, American, American military assistance, Steindler, Herbert, Dotan, Rami

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Subjects list: Cases, Fraud
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