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_________::::____#120 - February 15, 2006________________
#120 Updated:  2/15/06 9:02 a.m.

02/15/06
China:  Govt mounts fight against massive money embezzlement
Shanghai Stock Exchange (SSE), one of China's two stock exchanges, is
determined to redouble efforts this year in curbing massive embezzlement that
has been plaguing the listed companies in the country

02/15/06
Witness: Skilling's pressure fed stock deception
The former head of Enron's broadband business told jurors Tuesday that his
mentor and friend Jeff Skilling pressured him to make his division appear to the
public to be growing, even while the unit was in fact laying people off and had no
revenues.

02/15/06
Skilling wanted giant boat post-Enron--former exec
Former Enron CEO Jeffrey Skilling planned to sail around the world in a large boat
that could hold cars and even a helicopter after he left Enron, a former top
executive testified on Tuesday.

02/15/06
German Bank to Pay $29M for Tax Fraud
A German bank charged with tax fraud will pay $29 million after admitting it helped
wealthy Americans dodge taxes over a seven-year period, its lawyers have
agreed in court.

02/14/06
New York focuses antitrust probe of record labels
New York State Attorney General Eliot Spitzer has sent record labels a new round
of subpoenas in his investigation of online-music pricing, music industry sources
said Tuesday.

02/14/06
Former Refco customer VR Capital says was duped
One of Refco's biggest customers said on Tuesday that the bankrupt brokerage
had duped him into thinking his firm's assets were being held in his account, when
in fact Refco was borrowing against them.
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