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_________::::___#375 - March 14, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#375 Updated: 3/13/07 5:52 p.m.

Witnesses say Yao gambled at Las Vegas casinos
Former Student Finance Corp. chief executive Andrew Yao lost $33,000 in 15
minutes at a Las Vegas blackjack table, a witness in Yao's bankruptcy fraud trial
testified Tuesday.

Lawsuit accuses Colo. pastor of fraud
An insurance company sued a prominent Denver minister and four of his affiliated
church groups Tuesday, accusing them of filing fraudulent life-insurance claims on
behalf of parishioners.

San Francisco Man Sentenced for $6-Million Fraud Scheme
A San Francisco man was sentenced to 10 years in prison for a $6-million
insurance fraud scheme uncovered as the result of an investigation by the New
York State Insurance Department and the U.S. Postal Inspection Service, Acting
Insurance Superintendent Eric R. Dinallo announced.

Danville man charged with mail fraud, money laundering
A Danville man was charged in federal court Monday with mail fraud and money
laundering for allegedly accepting millions of dollars from investors but never
investing the money.

Ex-Peregrine CEO pleads guilty in accounting scandal
The former chairman and chief executive of Peregrine Systems pleaded guilty
Tuesday to three federal counts of conspiracy, securities fraud and obstruction of
justice.