To cover the dividends and principal balance payments of $20,000 to $50,000 a month, they sold new non-member share certificates
, a Ponzi scheme that led to the insolvency of the credit union in 2012.
Analysis of Saga Share Dealing data shows that the average value of paper share certificates
is around PS6,500.
They were astonished to find their official share certificates
were signed by Green and Stockbridge.
Cut to another part of Mumbai, where the Narayanans, a couple in their 60s, have been sitting on share certificates
of bluechip companies worth Rs 2,00,000.
About 1.4m HBOS private shareholders (the majority) do not have a share certificate
but instead hold their shares through the HBOS Shareholder Account (a nominee account), as a customer of Halifax Share Dealing or in the HBOS Share ISA.
Some have expressed concerns and have reservations about handing over their share certificates
to Ranson and the SISU Capital consortium who are seeking 90 per cent control of the club to complete their takeover.
CIBC Mellon Trust Co., the depositary for the transaction, will then distribute a letter of transmittal with nstructions for the return of share certificates
and receipt of payment to shareholders of record at the effective time of the plan.
But immediately after a stock split plan is announced, the share price may rise on a combination of growing demand and an unchanged number of shares before printing of additional share certificates
deliberately shut his eyes to a fact that was obvious to him but he was afraid to inquire into, namely, that Bensberg was perpetrating fraud on [plaintiff] by using share certificates
of no value that he had obtained in various stock programs."
that represent underlying foreign shares held in custody outside the U.S.
Apart from printing the nation's currency, the mint also prints security documents such as bank cheques, stamps, immigration and customs papers, postal orders, passports, treasury bills, academic certificates and share certificates
for various government and private clients.
I'd love to see framed share certificates
hanging on walls all over East Belfast."