Archives
_________::::____#141 - March 21, 2006________________
#141 Updated:  3/20/06 5:15 p.m.

03/20/06
IRS Debunks Frivolous Tax Arguments
The Internal Revenue Service has issued guidance describing 26 frivolous
arguments that taxpayers should avoid when filing their returns.

03/20/06
Ex-Accountant Testifies at Enron Trial
Enron Corp. tried to dodge accounting rules by dropping a plan to sell assets in a
failed water business, a former Arthur Andersen LLP accountant said on Monday.

03/20/06
Prison term for developer who defrauded investors
A San Francisco real estate developer will spend eight years in prison and pay
more than $17 million in restitution and fines for defrauding more than 700
investors, a judge has ruled.

03/20/06
For defense attorneys, it's all about the 'cross'
If you stop by the Enron trial in downtown Houston expecting to witness a Perry
Mason moment, don't hold your breath.

03/20/06
Ex-US Justice Dept. fraud chief to probe Refco
The U.S. Department of Justice appointed Joshua Hochberg, the former head of its
fraud unit, to investigate claims of fraud and other misconduct that may have led
to Refco Inc.'s (RFXCQ.PK: Quote, Profile, Research) bankruptcy filing.

03/20/06
Judge finds ex-Gemstar-TV Guide CEO liable for securities fraud
A federal judge found former Gemstar-TV Guide CEO Henry C. Yuen liable for
securities fraud, according to a ruling unsealed Monday in a federal regulatory
lawsuit that claimed Yuen inflated the company's revenue by $248 million to boost
its stock.
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