1.   Mr Packham says the organisation was highly sophisticated, using bogus companies and false names and addresses.

2.   Court records filed by federal prosecutors detail a vast web of bogus companies and identities that they believe Frankel used to perpetuate the fraud.

3.   The authorities introduced a fake bill in the legislature that was supposed to give a bogus company the right to issue industrial bonds.

4.   The package was addressed to Transportation Management, one of the allegedly bogus companies through which Lamb sold insurance.

5.   A yearlong investigation turned up hundreds of people who paid money for worthless franchises with the bogus companies, officials said.

6.   He is suspected of later transferring the money to a bogus company in the United States, then depositing it in secret bank accounts, they said.

7.   The dealer sent the pair a copy of his license and the teens copied that license, forming the bogus company, the newspaper reported.

8.   The bank provided the bogus companies with software that was used to transfer money, cheating the Russian government out of customs duties and tax revenue, Edwards said.

9.   The three became friends and Walker used Platt and Ms. Boyes to front a bogus company he set up to launder money, the prosecution said.

10.   He conceded that his Democratic Party had profited from the bogus companies.