fraudulent financial records
[frɔːˈdʒuːlənt fɪˈnænʃəl ˈrekɔːrdz]
noun phrasepl: fraudulent financial records
registros financeiros fraudulentos
1. Financial documents, accounts, or statements that have been deliberately falsified, altered, or misrepresented to deceive stakeholders, auditors, or regulatory authorities
The company's executives were arrested for maintaining fraudulent financial records that inflated profits by 40%.
Os executivos da empresa foram presos por manter registros financeiros fraudulentos que inflacionaram os lucros em 40%.
2. Documentation that intentionally contains false information about assets, liabilities, revenues, or expenses
Auditors discovered fraudulent financial records during their routine examination of the accounts.
Os auditores descobriram registros financeiros fraudulentos durante seu exame rotineiro das contas.
In both US and Brazilian contexts, fraudulent financial records represent serious criminal and civil offenses. In Brazil, such fraud falls under Lei de Crimes Contra a Ordem Tributária (Tax Crime Laws) and Lei da Lavagem de Dinheiro (Money Laundering Law). In the US, these violations typically involve SEC regulations and federal fraud statutes. The term carries significant legal and reputational consequences in both cultures, often triggering regulatory investigations by authorities like the SEC (USA) and CVM (Brazil).
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