The Devil Made Them Do It

July 2006
Investment Management Weekly;7/31/2006, Vol. 19 Issue 30, p11
The article reports on the conviction of William Crotts and Thomas Grabinski of Baptist foundation of Arizona on counts of fraudulent schemes and conduct of illegal enterprise. Nonetheless, the duo was found innocent of other charges leveled against them. The jury felt that they accidentally got into trouble and made matter worse to cover up their mistakes by transferring debt and overvalued property to phantom companies.


Related Articles

  • BRIEFS.  // Christianity Today;Nov2006, Vol. 50 Issue 11, p25 

    The article presents updates related to the religious sector. On September 20, 2006, rioting began in the northern city of Dutse in Nigeria after rumors spread that a Christian woman had blasphemed Muhammad. Meanwhile, William Crotts, former president of the Baptist Foundation of Arizona, was...

  • Investors hail fraud convictions of Baptist foundation officials.  // Christian Century;8/22/2006, Vol. 123 Issue 17, p14 

    The article offers a look at the remarks of several Baptist Foundation of Arizona investors on the conviction of two executives of the foundation. William Crotts and Thomas Grabinski was found guilty of three counts of fraud on July 24, 2006 for creating a Ponzi scheme to pay off earlier...

  • Myerson Convicted: Jury found he defrauded clients. Reske, Henry J. // ABA Journal;Jul92, Vol. 78 Issue 7, p29 

    Reports that a federal jury found lawyer Harvey Myerson guilty of defrauding clients while at Myerson and Kuhn. Sentence and fine imposed on Myerson; Federal indictments on charges that include filing a false tax return in 1986 and fraudulently financing a home in Key West, Florida; Release of...

  • Confidential Witnesses in Securities Litigation. Mark, Gideon // Journal of Corporation Law;Spring2011, Vol. 36 Issue 3, p551 

    The article reports on two issues related with the worldwide use by plaintiffs of confidential witnesses in securities litigation. It mentions that the first issue involves information from the witnesses in securities cases while the second on the discovery of their identities. It also concludes...

  • Pointers for Pleading Preferential and Fraudulent Transfer Claims. Kang, Una Young // Bankruptcy & Insolvency Litigation;Spring2011, Vol. 16 Issue 3, p15 

    The article provides insight on cases and court ruling on the sufficiency of factual support for elements of fraudulent and preferential transfer claims. It cites cases in which the courts have denied a relaxed pleading standard for fraud claims of trustees, including Angell v. BER Care Inc. and...

  • Victims' group pursues Banstad.  // Accountancy;Apr92, Vol. 109 Issue 1184, p19 

    The article reports on the legal actions taken by a group of defrauded investors against Bengt Bangstad, former of partner of Clark Kenneth Leventhal, over his role in the Nicholas Young Ponzi fraud case in Great Britain. Under s 48 of the Banking Act 1987, a court can order anyone knowingly...

  • Veterinarian to be struck off following convictions for fraud.  // Veterinary Record: Journal of the British Veterinary Association;3/22/2003, Vol. 152 Issue 12, p343 

    Focuses on a British Veterinary Association Disciplinary Committee hearing on an inquiry into Northern Ireland veterinary surgeon Seamus Michael Fegan for fraud charges. Case background; Certificates provided that allowed client farmers to defraud the Ministry of Defense by submitting false...

  • Sept. 16, 2011: London.  // Newsweek (Atlantic Edition);9/26/2011 (Atlantic Edition), Vol. 158 Issue 13, p7 

    The article focuses on equities trader Kweku Adoboli, who was charged by the British government with fraud and false accounting.

  • Contractor pleads guilty to fraud charge. Mader, Robert P. // Contractor Magazine;Feb2000, Vol. 47 Issue 2, p5 

    Reports that contractor Mark R. Peterson, ex-president of Air Supply Heating and Air Conditioning in Riverside, California, plead guilty to a fraud charge. Details on the case; Suspension of his contractor's license; Other charges filed against Peterson.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics