BETRUG & KORRUPTION

Börsenmakler begeht Betrug/täuscht Investoren = the brokerage firm engaged in misleading and phony behavior/practices to deceive /defraud investors; the finance director obscured the company’s real worth/value; the company was engulfed in an $11bn fraud scheme/ embezzlement scandal/bribery scam

es war Betrug auf ganzer Linie/Ebene = it was fraud/graft all over the place

die Staatsanwaltschaft verklagt den Fußballverband wegen Betrugsvorwürfen = state attorney office fakes/trumps up fraud charges against the football federation

es gibt immer Menschen, die sich bestechen/erpressen lassen = there are always people who are willing to accept bribes/have their palms oiled/greased; the company director was arrested on suspicion of bribery/extortion/blackmail; there is a difference between a promotional gift and a bribe

die Steuerfahndung wird bei dem Korruptionsfall eingeschaltet = fraud squad detectives will assist the regular police/law enforcement officers investigating the corruption affair

einer Person werden drei Bestechungsdelikte vorgeworfen = person was charged with three counts of fraud as he/she attempted to bribe /grease/shake down the authorities

gewisse Politiker/Topmanager haben den Ruf weg, sich heimlich bereichern zu wollen= some politicians are prone to helping themselves to illegal/sham funds; the city councilman siphoned off/creamed off funds into his own pockets; corrupt politicians squirrel money away into offshore accounts; the procurement manager was accused of  misappropriating/misapplying company funds/filling his/her own coffers; a few company directors use backdoor means for their own financial advantage; the chairman was charged with bleeding money from the corporation; airline was placed under investigation for dubious marketing scheme; country’s top financial officials devised/nutted out/ wheeled out a self-enrichment scheme at the expense of taxpayers; some politicians use their office for private business/to make money for themselves and their associates; the police chief was accused of taking a backhander/bribe

Bank wird wegen unlauterer Aktivitäten/Falschberatungen verklagt = the bank was accused of misleading conduct/was charged with unfair and deceptive practices

Kartelabsprachen zwischen großen multinationalen Unternehmen gab es schon immer = collusion/price-fixing/rigging among large industrial corporations has always existed; two oil giants have been charged with rigging the market; asleep-at-the-wheel regulators oversaw/tolerated years of tax/taxation misbehavior by large international corporations 

Firma verletzt Bundesvorschriften und bekennt sich schuldig zum Vorwurf der Preisabsprachen = following a breach of federal rules the corporation agreed to plead guilty to conspiring to fix/rig prices

Behörden/Unternehmen stehen auf dem Prüfstand = a probe/an inquiry has been launched into alleged corruption in police forces; the health minister has commissioned an audit to examine ongoing problems on hospital beds capacity; an independent panel has been hired to conduct a critical review of the company’s wrongdoings; our company must review/revisit its hiring practices; the discriminatory actions will be submitted/presented to a review committee; financial experts have been retained to vet/canvass all company business processes

Konzerndirektoren werden angeklagt wegen pflichtwidrigen Verhaltens = directors breached their duty and are now embroiled/snagged in a legal minefield; two financial consultants were charged with aiding and abetting company officers in breaching their fiduciary duties; after news of the corruption affair appeared in the media company is now in some sort of legal trouble; company is exposed to “breach of privacy” lawsuits/has to face charges of breach of trust/fiduciary duty over illegal payments

niemand ist unantastbar = nobody is above the law