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_________::::___#335 - January 10, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#335 Updated: 1/9/07 7:59 p.m.

Litany of Woes for Mills Corp
Accounting errors may cost it as much as $352 million, and some may be due to
''possible misconduct by former accounting and asset management personnel''; a
pending $1.1 billion loan may compel it to seek bankruptcy protection.

Prosecutors claim Conrad Black committed insider trading
Less than two months before the start of a fraud and racketeering trial, federal
prosecutors leveled new allegations against former newspaper tycoon Conrad
Black, saying he engaged in insider trading and illegally posted information about
his former company on a financial message board.

Elk Meadows figure arraigned on fraud
One of the players behind the redevelopment of a defunct ski area in southern
Utah was arraigned Monday on charges of securities fraud and racketeering for
unrelated business deals.

Federal lawyer accuses ex-Nor-Car CEO of $1.8M fraud
Federal officials announced charges today against the former CEO of the
Northampton-Carbon County Federal Credit Union for allegedly stealing $1.8
million over five years.

Consultant gets prison for role in fraud at Peregrine
A San Diego federal judge sentenced a Colorado software business consultant
yesterday to six months in prison and six months in a halfway house for his role in
the corporate accounting fraud at Peregrine Systems.

Feds charge 19 in $76 million small business loan fraud scheme
Federal agents in Detroit have busted one of the largest loan fraud schemes in
the history of the U.S. Small Business Administration, U.S. Attorney Stephen
Murphy announced today.