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_________::::___#369 - March 6, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#369 Updated: 3/5/07 8:45 p.m.

Ebbers Loses High Court Bid to Overturn Conviction
Former WorldCom Inc. Chief Executive Officer Bernard Ebbers lost a U.S. Supreme
Court bid to overturn his conviction for leading an $11 billion fraud, the largest in
the nation's history

Mistrial declared in Florida fraud case targeting BDO
A mistrial was declared on Monday in the $170 million fraud case brought against
accounting firm BDO Seidman LLP by Portuguese bank Banco Espirito Santo, court
officials and attorneys said.

Ruby Tuesday Upgrades Card Security
Ruby Tuesday Inc. announced Monday it is switching to an ultra-secure credit card
processing system to protect customers from fraud.

Black's Ravelston Pleads Guilty in U.S. Criminal Case
Conrad Black's Ravelston Corp., a bankrupt private holding company that he used
to control his publishing empire at Hollinger International Inc., pleaded guilty to
U.S. fraud charges and will pay a $7 million fine

Money laundering in Panama and the efforts to suppress it
Panama is a major drug-transit country, and is particularly vulnerable to money
laundering because of its proximity to Colombia and other drug-producing
countries.