Further problems can include ruined credit history, theft or defalcation of money, defaulted loans, general financial trouble and in some cases bankruptcy or extreme debt, as well as anxiety and a sense of life spiraling out of control.
22.
Theoretically, she noted, clients can claim under the Compensation Fund so long as there exists any of these three elements ( under Section 72 of the Securities Industry Act 1983 )-defalcation, fraudulent act or insolvency of stockbroking companies.
23.
Under the current compensation fund rules, a claim may be made by any person who suffers monetary loss because of a defalcation or fraudulent misuse of monies or other property by a director, officer, employee or representative of a stockbroking company.
24.
The Lawyers Insurance Fund is the program established by the Law Society to provide insurance for BC lawyers, and protects the profession and the public from the risks associated with the practice of law by providing high quality professional liability and defalcation insurance.
25.
It is a demonstrative article, depicting the Whistle Blower who for some corn in his head or bee in his bonnet, shows how to continue to report against any one who indulges in to defalcations of Public Funds, despite personal deprivations.
26.
Nevertheless, the KLSE said investors can make a claim from the KLSE's Compensation Fund against the stockbroking firms under certain circumstances, such as fraudulent misuse of monies by a director, defalcation by the firm or insolvency of the stockbroking firms.
27.
After the sudden death of Governor Pe�alosa, Diego Ronquillo, his nephew became the governor " ad interim " but was later charged for defalcation in the trust of Pe�alosa's estate and was sent back to Spain as a prisoner.
28.
Beaumont formally surrendered his office, and admitted his defalcations on 28 May, and by the same document assigned all his manors, lands, goods and chattels, with the issues and profits of the same, to the king in satisfaction of his claims.
29.
The KLSE will then vet the claim and if there is proof of fraudulent act or defalcation by the directors and / or employees of the stockbroking company, or insolvency of the stockbroking company, the investor will be entitled to claim from the KLSE's Compensation Fund.
30.
On 7 January 2014 following a police raid on the Port Administration in 0zmir, Y1ld1r1m's brother-in-law was arrested for conspiring to rig bids on tender, defalcation, giving and taking bribes, serious fraud and sharing confidential information regarding tenders with others.
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