Archives
_________::::___#358 - February 14, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#358 Updated: 2/13/07 6:10 p.m.

Study: Sarbox Curbs Fraud Whistleblowing
Despite the 2002 law's whistleblower protection provision, employees have been
less likely to come forward with fraud concerns.

Ethics Charges Delay Datascope Filing
Anonymous reports to the company's hot line have named its chairman and CEO.

SEC Brief Favors Limiting Investor Suits
Recent action by the Securities and Exchange Commission puts the agency on
record in favor of a legal standard that could make it tougher for shareholders to
win lawsuits against public companies.

Mortgage scam nets $3 million
A former Prior Lake closing agent has been charged in an investigation of 60
transactions with inflated purchase prices.

Las Vegas woman sentenced in fraud
A Nevada woman was sentenced to more than seven years in federal prison for
her role in an investment scheme involving claims that she could extract precious
metals from volcanic cinders, officials said.

Health of man convicted in wine scam disputed at L.A. sentencing
A Colorado man who bilked millions of dollars from clients for wine futures is too
sick to be imprisoned, his attorney argued Monday. Prosecutors countered that he
was healthy enough to work long hours and even ski.

No criminal charges filed in lawyer's embezzlement case
There's no sign that a local attorney will face criminal embezzlement charges after
losing his law license for allegedly stealing $170,000 from his Charleston firm.