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_________::::___#377 - March 16, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#377 Updated: 3/16/07 10:29 a.m.

Four Charged in Cisco Equipment Scheme
Four former employees of a Minnesota-based networking equipment reseller face
charges of defrauding Cisco Systems Inc. out of more than $1 million by cheating a
program for obtaining replacements for broken or defective gear.

USANA Health Sciences Inc. Responds to Allegations Made by Mr. Minkow and
Fraud Discovery Institute in the Mass Media
USANA believes Mr. Minkow’s statements are part of a coordinated public relations
program financed by a paying client and from which Mr. Minkow will profit
personally.

Livedoor's Horie Guilty, Handed 2 1/2-Year Fraud Term
Takafumi Horie, the Japanese Internet entrepreneur who challenged the country's
establishment, was sentenced to 2 1/2 years in prison for securities fraud.

Hotline addresses compliance issues
The University has instituted a Whistleblower Hotline to provide employees with
an additional means to report compliance concerns.

Woman charged with embezzlement
Iredell County Sheriff's deputies arrested a Mooresville woman Monday in
connection with embezzling more than $90,000 from her job.

Embezzler escapes prison; assigned essay, 3 years community corrections
A business manager won't go to prison for stealing tens of thousands of dollars
from a former employer. But Carla Barnhart will have to pay a fine and complete a
writing assignment.

Woman who embezzled from furniture store gets year in jail
The question before the court Wednesday was not whether the 55-year-old
woman stole more than $300,000 from Grand Furniture Discount Stores, but at
what cost was the breach of trust for someone who had been considered part of
the family.

Former Greene Co. chancery clerk, wife guilty of embezzlement
Former Greene County chancery clerk William "Mel" Williams has pleaded guilty to
nine counts relating to embezzlement of local funds from January 2000 to January
2004.

Were New Century's accounting lapses fraud or just sloppiness?
Federal investigators are examining the actions taken by New Century and its
officers since the company disclosed last month that it failed to accurately tally
losses from loan repurchases.

Judge drops charges against HP's Dunn
California's criminal case surrounding Hewlett-Packard Co.'s ill-fated boardroom
spying scandal has all but evaporated, although the four defendants still aren't off
the hook with federal prosecutors.