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_________::::___#343 - January 23, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#343 Updated: 1/22/07 8:26 p.m.

Greeneville banker pleads guilty to embezzlement
A former Greeneville banker has pleaded guilty to charges he embezzled
thousands of dollars from a Greene County bank, according to federal court
documents.

Red Light Camera Salesman Convicted of Fraud
A top red light camera salesman was convicted in South Carolina of $1.2 million in
fraud on Thursday. A jury found Jay Morris Specter, 51, guilty of five counts of
forgery carrying a maximum penalties that include a $250,000 fine and ten years
imprisonment.

Athletes caught up in mortgage fraud case
FORMER NBA Player Pervis Ellison has told a federal jury in Atlanta that he lost
$300,000 in a fraudulent real estate deal orchestrated by real estate investor
Phillip E. Hill Sr.

US audit watchdog flags faults in fraud auditing
Auditors sometimes take a "mechanical," check-the-box approach to assessing
the risks of possible financial fraud when reviewing the books of corporate clients,
the U.S. audit industry watchdog said on Monday.

13 Charged in Foodservice Alleged Fraud
Federal regulators have accused an additional 13 people of aiding an alleged
massive accounting fraud at U.S. Foodservice Inc., a subsidiary of Dutch grocery
retailer Ahold NV, in a scandal that brought the resignation of top executives and
criminal probes in the United States and the Netherlands.

Financial controls tightened
St. Jude Catholic Church in Mineral has put tighter financial controls in place to
monitor contributions following the arrest of a former priest on charges of
embezzling at least $600,000 of church money.

BGSU employee accused of stealing $400,000 in computer equipment
Bowling Green State University employee is accused of ordering $400,000 in
computers and electronics with school money and selling them, the school said
today.