December 12 Scott Rothstein 2013 In July of 2010‚ Scott Rothstein was sentenced to 50 years in prison for running a US$1.2 billion Ponzi scheme from his Florida law firm. DH Gatsby EXECUTIVE SUMMARY: Money Laundering & Scott Rothstein In July of 2010‚ Scott Rothstein was sentenced to 50 years in prison for running a US$1.2 billion Ponzi scheme from his Florida law firm. Rothstein had two types of schemes. He persuaded clients/investors to purchase hundreds of millions of dollars
Premium Fraud Money laundering Lawyer
the Kingdom of Saudi Arabia. Mission Our mission is to promote excellence and innovation in business education‚ research‚ and service in the Kingdom of Saudi Arabia in line with international standards. Basic Information Course Title: Money and Banking: ECON 207 Credit Hours: 3 Credit Hours Prerequisite: ECON 101 – ECON 103 Instructor: Ms. Nouf Alsharif Office Hours: Check the Office Office Location: N408 Instructor ’s e-mail: nalsharif@pscw.psu.edu.sa
Premium Economics Money supply Monetary policy
Do you think that the government should provide gas money for college students? For many years there has been a debate about providing gas money to college student. Some people think that they should provide gas money to college students while other people thing that they shouldn’t. However‚ I believe that they should provide gas money to students because some students come from a low income family and they are not able to attend to school. First of all‚ I think that providing gas for college
Premium Education University Student
The Anti-Money Laundering Framework in Jordan: New Laws and Regulations Bashar H. Malkawi* I. Introduction Money laundering is a major problem for Jordan and the international community. Laundering criminally-derived proceeds has become a lucrative and sophisticated business. Money laundering challenges the maintenance of order in Jordan and threatens the integrity and reliability of its financial institutions and commerce. In recognition of this pervasive problem‚ Jordan
Premium Money laundering
Money is the prime reason for engaging in almost any type of criminal activity. Money-laundering is the method by which criminals disguise the illegal origins of their wealth and protect their asset bases‚ so as to avoid the suspicion of law enforcement agencies and prevent leaving a trail of incriminating evidence. Terrorists and terrorist organizations also rely on money to sustain themselves and to carry out terrorist acts. Money for terrorists is derived from a wide variety of sources. While
Premium Terrorism Organized crime Crime
Introduction The India money market is a monetary system that involves the lending and borrowing of short-term funds. India money market has seen exponential growth just after the globalization initiative in 1991. It has been observed that financial institutions do employ money market instruments for financing short-term monetary requirements of various sectors such as agriculture‚ finance and manufacturing. The performance of the India money market has been outstanding in the past 20 years. The
Premium Interest rate Monetary policy Federal Reserve System
By all means yes‚ money definitely plays a major part in motivating human resource‚ as far as motivation factor is concerned‚ that too in the work place. It is only the need for the money‚ that makes people work‚ either it be for a thousand rupees or lakhs or corers‚ quantity doesn’t matter‚ but it is THE motivating factor. If there is plenty and more than sufficient any one would hardly want to work. It is definitely a point that‚ there are other factors such as‚ you feel proud when you work
Premium Motivation Money
management‚ fraud detection and operational analysis needs to improve business. The company primarily focuses on enterprise-wide anti-money laundering‚ surveillance and trading compliance software. Some of the companies that Mantas provides
Premium Risk management Financial services Money laundering
in the 1860s? Solution: For much of the 19th century there was no systematic regulation of banking or the money supply. Banks‚ state-chartered but otherwise largely unsupervised‚ were free not only to engage in unsound lending practices but to issue banknotes—IOUs against themselves—without restraint. Consequent and frequent bank failures weakened public faith in banks and the money supply‚ and exacerbated downturns in the normal business cycle. The National Banking and Currency Acts (1862-64)
Premium Money Federal Reserve System Central bank
Q. 1 Jim makes a deposit of $12‚000 in a bank account. The deposit is to earn interest annually at the rate of 9 percent for seven years. How much will Jim have on deposit at the end of seven years? Q. 2 Find the present value of $10‚000 to be received at the end of 10 periods at 8% per period. Q.3 What is the value of the following set of cash flows today? The interest rate is 8% for all cash flows. Year Amount 1 Rs. 3000 2 Rs.5000 3
Premium Time value of money Net present value Rate of return