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_________::::___#357 - February 13, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#357 Updated: 2/12/07 8:45 p.m.

Renters latest victims of alleged scam
Several dozen families are being asked to leave the houses they rent, a mass
eviction that makes them the latest group of people touched by an alleged real
estate scam centered in Murrieta.

CFO Pleads Guilty to Tax Evasion
Real estate company Douglas Development transferred funds to his personal bank
account and disguised them as a company loan repayment.

Man, 91, taken for $572K ride -- police
Police say Tina Ricotta was a caretaker who stole more than $500,000 from an
elderly man she was supposed to help with household chores.

IRS Offers Bank Secrecy Act Reminder
The Internal Revenue Service reminded small businesses that provide money
services, including money transfer services, check cashing, and money orders, may
be accountable to reporting and record keeping requirements under the Bank
Secrecy Act (BSA).

Former Alfa agent reaches plea deal in $5.5 million fraud
A longtime Alfa Corp. insurance agent from northeast Alabama agreed to plead
guilty in a fraud scheme involving loans with nearly $5.5 million in outstanding
balances.

Former ISP Owner Convicted in E-Rate Fraud
A federal jury has convicted the former owner and president of ATE Tel Solutions
of wire fraud in a scheme to defraud the E-Rate program, according to the U.S.
Department of Justice.

BestBank executives found guilty of conspiracy, fraud
The founder of defunct Boulder bank BestBank and two of the bank's top
executives were found guilty on Monday of conspiracy and fraud.