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_________::::___#329 - January 2, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#329 Updated: 12/31/06 2:30 p.m.

Justice Dept. files suit over alleged small business fund fraud
Three investors, including a Connecticut attorney, are accused of defrauding a
government program for small businesses out of $32 million, according to a
lawsuit filed Friday by the U.S. Justice Department.

Securities Fraud Lawsuits Fall to 10-Year Low in 2006
Securities fraud suits fell to a 10- year low in 2006 due to a rising stock market,
increased corporate controls and the indictment of one of the top investor law
firms on charges it paid illegal kickbacks to clients.

Tennessee Insurance Broker Arrested on $1.8M Wire Fraud Charges
A Smithville, Tenn., insurance broker was arrested Dec. 27 on 15 federal counts of
wire fraud, accordong to officials.

Businessman Accused of Tax Fraud Let Go
A Dutch man charged with fraud in a tax scam that prosecutors say cost European
governments billions of euros a year was released Friday from custody, court
officials said.

Coosada woman pleads guilty to embezzlement
Coosada woman who embezzled $3 million from her employer was sentenced
recently in federal court.

Ex-coach admits stealing youth league funds
A former girls youth softball coach pleaded guilty yesterday to a felony charge of
grand theft after a Sheriff's Department investigation accused him of taking more
than $40,000 from the San Marcos Girls Softball League.